Omnicell, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 29, 2021 at 08:00 am EDT
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Omnicell, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was USD 272.739 million compared to USD 199.621 million a year ago. Operating income was USD 28.916 million compared to operating loss of USD 6.991 million a year ago. Net income was USD 20.424 million compared to net loss of USD 4.299 million a year ago. Basic earnings per share from continuing operations was USD 0.47 compared to basic loss per share from continuing operations of USD 0.1 a year ago. Diluted earnings per share from continuing operations was USD 0.43 compared to diluted loss per share from continuing operations of USD 0.1 a year ago. For the half year, total revenue was USD 524.582 million compared to USD 429.307 million a year ago. Operating income was USD 48.526 million compared to USD 5.160 million a year ago. Net income was USD 34.551 million compared to USD 7.012 million a year ago. Basic earnings per share from continuing operations was USD 0.8 compared to USD 0.16 a year ago. Diluted earnings per share from continuing operations was USD 0.74 compared to USD 0.16 a year ago.
Omnicell, Inc. is a provider of medication management solutions and adherence tools for health systems and pharmacies. The Company is focused on transforming pharmacy care through outcomes-centric innovation designed to optimize clinical and business outcomes across all settings of care through a portfolio of robotics, smart devices, intelligent software, and services. Its point of care automation solutions is designed to improve clinician workflows in patient care areas of the healthcare system, such as nursing units, patient wards, operating rooms, and emergency departments. The Companyâs XT Series automated dispensing systems for medications and supplies, which are used in nursing units and other clinical areas of the hospital, are designed to support workflows specific to each area of the hospital, with various software and hardware options. For the operating room, the Company also offer specialized automated dispensing systems.
OMNICELL, INC. 
