Omnicell Sees FY24 Revenues Between $1.07B-$1.110B Vs. $1.06B Estimate (Prior View: $1.045B-$1.120B) With Adjusted EPS Of $1.20-$1.50 Vs. $1.11 Estimate (Prior View: $0.90 - $1.40)

Author: Benzinga Newsdesk | August 01, 2024 07:17am

Based on strong first half performance and current visibility of the business, the Company is updating the previously provided 2024 annual guidance metrics. For the full year 2024, the Company expects bookings to be between $775 million and $875 million. The Company expects full year 2024 total revenues to be between $1.070 billion and $1.110 billion. The Company expects full year 2024 product revenues to be between $610 million and $630 million, and full year 2024 service revenues to be between $460 million and $480 million. The Company expects full year 2024 technical services revenues to be between $230 million and $240 million, and full year 2024 Advanced Services revenues to be between $230 million and $240 million. The Company expects full year 2024 non-GAAP EBITDA to be between $105 million and $125 million. The Company expects full year 2024 non-GAAP earnings per share to be between $1.20 and $1.50 per share.

Posted In: OMCL