RICHMOND, Va.--(BUSINESS WIRE)--Owens & Minor, Inc. (NYSE: OMI) today announced it has mutually agreed with Rotech Healthcare Holdings Inc. to terminate the previously announced acquisition. Under the terms of the merger agreement, Owens & Minor has paid $80 million to Rotech Healthcare. Owens & Minor will also redeem the $1 billion of notes issued in April 2025, which include a special mandato...
OMI is undervalued, with catalysts including FTC approval for the Rotech acquisition and a potential segment sale that could boost cash and reduce net debt. The company's share buybacks at $8.66 and recent acquisitions signal insider confidence, while OMI trades far below peer multiples and intrinsic value estimates. Strong free cash flow generation, successful debt refinancing, and a history o...
Owens & Minor, Inc. (NYSE:OMI ) Q1 2025 Earnings Conference Call May 8, 2025 8:00 AM ET Company Participants Jackie Marcus - IR Edward Pesicka - President and CEO Jonathan Leon - CFO Conference Call Participants John Stansel - JPMorgan Kevin Caliendo - UBS Eric Coldwell - Baird Operator Good day and thank you for standing by. Welcome to the Owens & Minor First Quarter 2025 Earnings Conference C...
RICHMOND, Va.--(BUSINESS WIRE)--Owens & Minor, Inc. (NYSE: OMI) today reported financial results for the first quarter ended March 31, 2025. “Across the business we continued to see strong execution and progress towards our near and long-term strategies. Patient Direct delivered mid-single digit top-line growth with strong performance in nearly all therapy categories led by Diabetes and Sleep S...
RICHMOND, Va.--(BUSINESS WIRE)--Owens & Minor, Inc. (NYSE: OMI) plans to release financial results for the first quarter of 2025 on Thursday, May 8, 2025, before trading begins on the New York Stock Exchange. The Company will host a conference call for investors and analysts at 8:00 a.m. EDT on the same day. Participants may access the call via the toll-free dial-in number at 1-888-300-2035, or...
Owens & Minor, Inc.'s aggressive dealmaking and substantial debt have led to a mixed track record and declining stock performance, raising skepticism about future prospects. The company's acquisition of Apria and planned acquisition of Rotech shifted the business towards higher-margin activities, but leverage remains very high. The potential sale of the Products & Healthcare Services segment co...
RICHMOND, Va.--(BUSINESS WIRE)--Owens & Minor, Inc. (NYSE: OMI) today announced important milestones in advancing the medical distribution capabilities of its Products & Healthcare Services (P&HS) business segment, which provides essential products and services to thousands of healthcare customers. These milestones are the result of recent company investments in new technology, automation and a...
RICHMOND, Va.--(BUSINESS WIRE)--Owens & Minor, Inc. (NYSE:OMI) (the “Company”) announced today the upsize and pricing of its private offering (the “Offering”) of $1 billion aggregate principal amount of its 10.000% senior secured notes due 2030 (the “Notes”). The Offering is expected to close on April 4, 2025, subject to customary closing conditions. The Notes will bear interest at the rate of ...
Register for Free
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.