Strong Revenue Growth
Total revenue was $291 million, representing an increase of $14 million or 5% over the second quarter of 2024 and an increase of $21 million or 8% compared to the previous quarter.
Increased Earnings Per Share
Second quarter 2025 earnings per share in accordance with GAAP were $0.12 compared to $0.08 in the second quarter of 2024 and a loss of $0.15 in the prior quarter.
OmniSphere Platform Certification
OmniSphere received HITRUST CSF i1 certification, affirming commitment to cybersecurity and operational excellence.
Successful Product Launches
Launch of MedVision and MedTrack - OR, enhancing visibility and inventory management in outpatient settings and operating rooms.
Positive Customer Wins
Significant deals with large health organizations in New Jersey, Nebraska, Northern Pennsylvania, and Southern and Central New York.
Improved Cash Flow
Free cash flow during the second quarter of 2025 was $27 million, an increase of $17 million compared to the prior quarter.
Stock Repurchase Program
Authorized new stock repurchase program of up to $75 million, with $16 million worth of stock repurchased as of June 30, 2025.