09:23 AM EDT, 10/30/2024 (MT Newswires) -- Omnicell ( OMCL ) reported Q3 adjusted diluted earnings Wednesday of $0.56 per diluted share, down from $0.62 a year earlier.

Analysts polled by Capital IQ expected $0.42.

Revenue for the quarter ended Sept. 30 was $282.4 million compared with $298.7 million a year earlier.

Analysts surveyed by Capital IQ expected $280.5 million.

For Q4, the company expects adjusted diluted earnings per share of $0.55 to $0.62. Analysts surveyed by Capital IQ expect $0.47. Revenue for the quarter is expected to be $295 million to $305 million. Analysts polled by Capital IQ expect $287.7 million.

The company raised its 2024 adjusted diluted earnings per share guidance to $1.65 to $1.72 from $1.20 to $1.50. Analysts surveyed by Capital IQ expect $1.43. The company increased the lower end of its revenue guidance for the year to $1.10 billion to $1.11 billion from $1.07 billion to $1.11 billion. Analysts polled by Capital IQ expect $1.09 billion.

Price: 45.00, Change: +4.88, Percent Change: +12.16