Omnicell (OMCL) reported Q3 adjusted diluted earnings Wednesday of $0.56 per diluted share, down from $0.62 a year earlier.
Analysts polled by Capital IQ expected $0.42.
Revenue for the quarter ended Sept. 30 was $282.4 million compared with $298.7 million a year earlier.
Analysts surveyed by Capital IQ expected $280.5 million.
For Q4, the company expects adjusted diluted earnings per share of $0.55 to $0.62. Analysts surveyed by Capital IQ expect $0.47. Revenue for the quarter is expected to be $295 million to $305 million. Analysts polled by Capital IQ expect $287.7 million.
The company raised its 2024 adjusted diluted earnings per share guidance to $1.65 to $1.72 from $1.20 to $1.50. Analysts surveyed by Capital IQ expect $1.43. The company increased the lower end of its revenue guidance for the year to $1.10 billion to $1.11 billion from $1.07 billion to $1.11 billion. Analysts polled by Capital IQ expect $1.09 billion.
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