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Owens & Minor Inc (OMI.N)

OMI.N on New York Stock Exchange

3.48USD
24 May 2019
Change (% chg)

$0.03 (+0.87%)
Prev Close
$3.45
Open
$3.46
Day's High
$3.57
Day's Low
$3.40
Volume
217,749
Avg. Vol
452,516
52-wk High
$19.15
52-wk Low
$3.27

Latest Key Developments (Source: Significant Developments)

Owens & Minor Sets Quarterly Dividend Of $0.26 Per Share
Thursday, 10 May 2018 

May 10 (Reuters) - Owens & Minor Inc ::SETS QUARTERLY DIVIDEND OF $0.26PER SHARE.  Full Article

Owens & Minor Names Dominion Energy Executive To Its Board
Wednesday, 28 Feb 2018 

Feb 28 (Reuters) - Owens & Minor Inc ::OWENS & MINOR NAMES DOMINION ENERGY EXECUTIVE, MARK MCGETTRICK, TO ITS BOARD OF DIRECTORS.OWENS & MINOR INC - ‍TWO BOARD MEMBERS HAVE ANNOUNCED THEY WILL NOT STAND FOR REELECTION AT COMPANY'S 2018 ANNUAL MEETING​.  Full Article

Owens & Minor Q4 Revenue $2.39 Bln Versus $2.37 Bln
Wednesday, 14 Feb 2018 

Feb 14 (Reuters) - Owens & Minor Inc ::OWENS & MINOR REPORTS 4TH QUARTER & FULL-YEAR 2017 FINANCIAL RESULTS.Q4 REVENUE $2.39 BILLION VERSUS $2.37 BILLION.Q4 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.35.Q4 EARNINGS PER SHARE $0.38.PRE-CLOSING ACTIVITIES FOR HALYARD HEALTH S&IP ACQUISITION CONTINUE ACCORDING TO PLAN.Q4 EARNINGS PER SHARE VIEW $0.36, REVENUE VIEW $2.36 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Owens & Minor Sees FY'17 EPS Of $1.17 To $1.20
Wednesday, 31 Jan 2018 

Jan 31 (Reuters) - Owens & Minor Inc ::SEES FY 2017 EARNINGS PER SHARE $1.17 TO $1.20.‍OWENS & MINOR REVISES EXPECTATIONS FOR 2017 EARNINGS AND REVENUES​.‍OMI'S BOARD APPROVES 1% INCREASE IN Q1 2018 DIVIDEND​.EXPECTS THAT NET INCOME PER DILUTED SHARE WILL BE IN A RANGE $1.17 TO $1.20 FOR YEAR ENDED DECEMBER 31, 2017.FOR 2017 ESTIMATES THAT NON-GAAP ADJUSTED NET INCOME PER DILUTED SHARE FOR PERIOD WILL BE IN A RANGE OF $1.58 TO $1.61.BELIEVES THAT 2017 REVENUES WILL BE IN A RANGE OF $9.20 BILLION TO $9.32 BILLION.FY2017 EARNINGS PER SHARE VIEW $1.78, REVENUE VIEW $9.41 BILLION -- THOMSON REUTERS I/B/E/S.OWENS & MINOR - Q4 ‍PERFORMANCE AFFECTED BY INCREASED PRICE,MARGIN COMPRESSION, LONGER THAN EXPECTED SALES CYCLES FOR CO'S FEE-FOR-SERVICE BUSINESSES​."DISAPPOINTED" WITH OUR RESULTS FOR 2017 AND Q4.BOARD OF DIRECTORS APPROVED A Q1 2018 DIVIDEND OF $0.26 PER SHARE.‍PERFORMANCE DURING Q4 OF 2017 WAS ALSO AFFECTED MORE RECENTLY, PRODUCT SUPPLY ISSUES WITH CERTAIN LARGER MANUFACTURERS​.  Full Article

Owens & Minor Announces Updates On Pending Acquisition Of Halyard Health's S&IP Business
Friday, 5 Jan 2018 

Jan 5 (Reuters) - Owens & Minor Inc ::OWENS & MINOR ANNOUNCES UPDATES ON PENDING ACQUISITION OF HALYARD HEALTH’S S&IP BUSINESS.OWENS & MINOR INC - ‍AS PART OF INTEGRATION PLAN FOR S&IP BUSINESS, CO ANTICIPATES WILL ORGANIZE INTO 2 BUSINESS UNITS,GLOBAL SOLUTIONS,GLOBAL PRODUCTS​.  Full Article

Owens & Minor to buy Halyard Health's surgical & infection prevention business for $710 mln
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Owens & Minor Inc :Owens & Minor to acquire Halyard Health Inc's surgical & infection prevention (S&IP) business for $710 million in cash.Owens & Minor Inc - ‍expects annual pre-tax synergies to reach approximately $40 million by year three post closing​ of deal.Owens & Minor Inc - co expects transaction to be accretive to non-GAAP diluted earnings per share in 2018, with increasing accretion thereafter​.Owens & Minor Inc - ‍intends to finance transaction with a combination of cash and debt​.Owens & Minor Inc- ‍transaction has been approved by boards of directors of both companies​.  Full Article

Owens & Minor Q3 adjusted earnings per share $0.40
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Owens & Minor Inc :Owens & Minor reports 3rd quarter 2017 financial results.Q3 adjusted non-GAAP earnings per share $0.40.Q3 earnings per share $0.18.Q3 earnings per share view $0.50 -- Thomson Reuters I/B/E/S.Sees fy 2017 non-GAAP earnings per share $1.75 to $1.85.Q3 revenue $2.33 billion versus I/B/E/S view $2.4 billion.Fy2017 earnings per share view $1.92 -- Thomson Reuters I/B/E/S.  Full Article

Halyard Health to sell S&IP business to Owens & Minor
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Halyard Health Inc :Halyard Health, Inc. announces sale of S&IP business to Owens & Minor, Inc. for $710 million.Halyard Health - Co's remaining business expected to undergo phased restructuring to address dis-synergies, costs associated with divestiture​.Halyard Health Inc - ‍company expects dis-synergies to be eliminated through a multi-year transformation​.Halyard Health Inc - initiated a rebranding process and development of a new information technology platform​.  Full Article

Owens & Minor Q2 earnings per share $0.33
Tuesday, 1 Aug 2017 

Aug 1 (Reuters) - Owens & Minor Inc :Owens & Minor reports 2nd quarter 2017 financial results.Q2 adjusted non-GAAP earnings per share $0.43.Q2 earnings per share $0.33.Q2 earnings per share view $0.43 -- Thomson Reuters I/B/E/S.Sees FY 2018 adjusted non-GAAP earnings per share $2.25 to $2.35.Sees FY 2017 non-GAAP earnings per share $1.90 to $2.00.Owens & Minor Inc - ‍owens & Minor is revising its guidance on an adjusted basis non-GAAP for 2017 and 2018​.FY2017 earnings per share view $1.78 -- Thomson Reuters I/B/E/S.Owens & Minor Inc qtrly domestic segment quarterly revenues were $2.13 billion, compared to $2.35 billion a year ago.FY2018 earnings per share view $2.06 -- Thomson Reuters I/B/E/S.  Full Article

Owens & Minor says entered into a credit agreement dated as of July 27
Friday, 28 Jul 2017 

July 28 (Reuters) - Owens & Minor Inc :Owens & Minor Inc - On July 27, 2017, Owens & Minor, Inc. entered into a credit agreement dated as of July 27, 2017.Owens & Minor Inc says new credit agreement replaces company's existing $450 million credit agreement set to expire on September 17, 2019 - SEC Filing.Owens & Minor Inc - Credit agreement contains lender commitments for a $250 million term loan with a five-year maturity.Owens & Minor Inc - Credit agreement also contains lender commitments for revolving credit of $600 million.Owens & Minor - Credit agreement also contains ability to request increase in revolving commitments or term loans by an aggregate amount up to $200 million.Owens & Minor Inc - Credit agreement also contains revolving commitments have a five-year term with ability to request two one-year extensions.  Full Article

Deals of the day-Mergers and acquisitions

Feb 20 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Wednesday: