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Owens & Minor Reports 2024 Financial Results and Debt Reduction

Story Highlights
  • Owens & Minor reported a $647 million debt reduction over two years.
  • The company plans to sell its Products & Healthcare Services segment and authorized a $100 million share repurchase.
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Owens & Minor Reports 2024 Financial Results and Debt Reduction

An update from Owens & Minor ( (OMI) ) is now available.

On February 28, 2025, Owens & Minor announced its financial results for the fourth quarter and full year of 2024, highlighting a total debt reduction of $647 million over two years. The company is in active discussions to potentially sell its Products & Healthcare Services segment and has authorized a $100 million share repurchase program. The 2025 financial outlook indicates expectations for double-digit growth in adjusted EBITDA and EPS, with a focus on the high-growth Patient Direct segment.

More about Owens & Minor

Owens & Minor operates in the healthcare industry, focusing on providing medical products and healthcare services. The company is known for its Patient Direct platform, which supports home-based care for patients with chronic conditions. Owens & Minor is actively working on optimizing its product portfolio and enhancing its distribution capabilities.

YTD Price Performance: -46.38%

Average Trading Volume: 1,068,460

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $531.3M

For detailed information about OMI stock, go to TipRanks’ Stock Analysis page.

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