February 3, 2025- Owens & Minor, Inc. announced selected preliminary financial results for the fourth quarter and year ended December 31, 2024 in advance of its upcoming earnings announcement and conference call. The release of the preliminary results relates to the Company’s commencement of financing activity related to its previously announced agreement to acquire Rotech Healthcare Holdings, Inc (“Rotech”).
Preliminary Fourth Quarter 2024 Results Including Non-Cash Goodwill Impairment (i):
| Revenue of $2.67 – $2.70 billion | |
| Net loss of $(311) – $(288) million | Adjusted EBITDA of $135 – $140 million |
| Net loss per share $(4.03) – $(3.73) | Adjusted EPS of $0.52 – $0.55 |
| Gross capital expenditures of $71 – $76 million | Capital Expenditures, net of patient service equipment (PSE) regular sales proceeds, of $53 – $58 million |
| Cash provided by operating activities of $70 – $75 million |