Omnicell Inc. (OMCL) shares plummeted 5.39% in pre-market trading on Thursday, following the company's mixed fourth quarter 2024 results reported after the market close on Wednesday.
For the quarter ended December 31, 2024, the medication management solutions provider posted earnings of $0.34 per share, missing the consensus estimate of $0.57 per share. However, revenue came in at $306.9 million, surpassing analysts' expectations of $296.9 million.
While Omnicell delivered strong revenue growth of 19% year-over-year, driven by improved macroeconomic conditions and timing of XT Series system implementations, higher costs weighed on profitability. The company cited increased expenses related to investments in generative AI, autonomous driving technologies, and other growth initiatives.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。