10:41 AM EDT, 08/11/2025 (MT Newswires) -- Owens & Minor ( OMI ) shares were down by more than 28% in recent Monday trading after the company's Q2 earnings and full-year adjusted earnings guidance fell short of expectations.
The company reported Q2 adjusted net income from continuing operations of $0.26 per share, up from $0.25 a year earlier.
Analysts polled by FactSet expected $0.28 per share.
Revenue for the quarter ended June 30 was $681.9 million, compared with $660.4 million a year earlier.
For 2025, Owens & Minor ( OMI ) expects adjusted net income from continuing operations in the range of $1.02 and $1.07 per share, a transcript of the company's earnings call showed. Analysts polled by FactSet expect $1.64 per share.
The company expects 2025 revenue from continuing operations between $2.76 billion and $2.82 billion, according to the earnings call transcript.
Owens & Minor ( OMI ) is in the process of selling its Products & Healthcare Services segment, so the results from continuing operations primarily represent the Patient Direct segment, the company said.
Price: 5.26, Change: -1.83, Percent Change: -25.81