Owens & Minor Q3 Loss Widens, Revenue Rises; Reaffirms FY25 Outlook

Owens & Minor reported a Q3 loss of $150.27 million, or $1.94 per share, due to loss from discontinued operations. However, earnings beat the Street view, and revenue rose to $697.24 million from $686.84 million last year. The company reaffirmed its FY25 outlook, expecting adjusted EPS of $1.02 to $1.07 and revenue of $2.76 billion to $2.82 billion. OMI shares are down 12.65% to $4.39 on the NYSE.