Welcome to our dedicated page for Owens & Minor news (Ticker: OMI), a resource for investors and traders seeking the latest updates and insights on Owens & Minor stock.
Owens & Minor (OMI) delivers critical healthcare logistics solutions across 90+ countries, connecting medical manufacturers with care providers. This dedicated news hub provides verified updates on OMI's operational milestones, financial performance, and industry leadership in medical supply chain management.
Investors and healthcare professionals will find timely reports on earnings announcements, strategic partnerships, and innovations in patient direct services. Our curated collection includes press releases detailing supply chain advancements, product distribution expansions, and operational efficiency initiatives.
The page features essential updates across three key areas: quarterly financial results, major contract awards, and technological improvements in medical logistics. Users can track OMI's role in enhancing healthcare infrastructure through its dual focus on bulk institutional supply and direct-to-patient delivery networks.
Bookmark this resource for streamlined access to Owens & Minor's official communications. Regularly updated content ensures stakeholders maintain current awareness of developments impacting medical supply chain dynamics and healthcare delivery ecosystems.
Owens & Minor, Inc. (NYSE:OMI) has launched a private offering of $500 million in senior notes due 2030, aimed at financing its upcoming acquisition of Apria, Inc. The offering's proceeds will initially be held in escrow until certain conditions are met. The acquisition is contingent upon the approval of a majority of Apria shareholders. The notes will be offered only to qualified institutional buyers and are not registered under federal securities laws. The company intends to use net proceeds for acquisition-related expenses and general corporate purposes, highlighting its commitment to growth in healthcare solutions.
Owens & Minor (NYSE: OMI) has announced a $500,000 donation of medical-grade PPE to support healthcare efforts in
Owens & Minor, Inc. (NYSE: OMI) will present at the Barclays Global Healthcare Conference on March 15, 2022, at 2:35 PM ET. The presentation by CEO Ed Pesicka will be available via live webcast, accessible through the company's investor relations section on its website. Owens & Minor is a leading global healthcare solutions provider, facilitating a seamless supply of surgical and PPE products across North America, Asia, Europe, and Latin America since 1882. The company serves over 4,000 healthcare customers with a dedicated team of 15,000.
Owens & Minor, Inc. (NYSE: OMI) will participate in J.P. Morgan’s High Yield & Leveraged Finance Conference on February 28, 2022. CEO Ed Pesicka will present at the event. Access to the presentation can be found on Owens & Minor's investor relations website. The company specializes in global healthcare solutions, manufacturing and distributing surgical and PPE products, and serves a wide range of healthcare customers. Established in 1882, it operates globally with a significant focus in the Americas.
Owens & Minor, Inc. (NYSE: OMI) announces the appointment of Kenny Gardner, Chief People Officer at DaVita, to its Board of Directors effective March 1, 2022. Gardner brings nearly 20 years of healthcare experience and expertise in process innovation and talent strategies. His role at DaVita included overseeing benefits and diversity initiatives for over 65,000 employees. The selection aligns with Owens & Minor's multi-year succession planning, and Gardner will be nominated for re-election at the upcoming annual shareholder meeting on April 29, 2022.
Owens & Minor (NYSE-OMI) reported a strong finish in 2021, with a record adjusted net income of $61.2 million for Q4 and $309.3 million for the full year, demonstrating robust growth. The company's 2022 revenue guidance is set between $9.2 billion and $9.6 billion, even as it anticipates a revenue decline of $400-$450 million due to normalizing glove costs. The Apria acquisition is on track to enhance its Patient Direct services, expected to close by mid-2022. The firm also reported a 5% revenue growth in Q4, driven by strong performance in the Patient Direct business.
Owens & Minor, Inc. (NYSE: OMI) will participate in Citi’s 2022 Virtual Healthcare Conference on February 24, 2022. Ed Pesicka, President and CEO, will engage in a fireside chat with analysts at approximately 12:30 PM ET. The event will be webcast live and accessible on the company’s website under investor relations.
Owens & Minor is a global healthcare solutions provider, supporting over 4,000 customers with innovative technology and self-manufactured products.
Owens & Minor, Inc. (NYSE: OMI) will release its financial results for the fourth quarter and full year of 2021 on February 23, 2022, prior to market open. A conference call will follow at 8:30 a.m. ET on the same day to discuss the results. Participants can join via dial-in or a webcast available on the company's website. With over 15,000 employees, Owens & Minor has established a significant presence in global healthcare solutions since its inception in 1882.
Owens & Minor (NYSE: OMI) has announced its acquisition of Apria (NASDAQ: APR) at $37.50 per share, totaling approximately $1.45 billion in equity and $1.6 billion including assumed debt. This strategic move aims to enhance healthcare services from hospital to home, diversify revenue streams, and strengthen its Patient Direct offering. The deal, providing a premium of 26-30% over Apria’s recent share prices, is expected to close in H1 2022, pending regulatory approvals. Both companies anticipate significant synergies, positioning Owens & Minor for future growth in the $50 billion home healthcare market.
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