10:36 AM EST, 02/28/2025 (MT Newswires) -- Owens & Minor ( OMI ) shares were up over 30% in recent trading on Friday following its better-than-expected quarterly results and share buyback plan.

The company reported Q4 adjusted net income of $0.55 per share, down from $0.69 a year earlier.

Analysts polled by FactSet expected $0.52.

Revenue for the quarter ended Dec. 31 was $2.70 billion, up from $2.66 billion a year earlier.

Analysts surveyed by FactSet expected $2.69 billion.

For 2025, Owens & Minor ( OMI ) said it expects adjusted EPS of $1.60 to $1.85 on revenue of $10.85 billion to $11.15 billion. Analysts expected $1.79 on revenue of $10.97 billion.

The firm said the sale process is underway for its Products & Healthcare Services segment.

The company also said its board authorized a share repurchase program of up to $100 million over the next 24 months.

Price: 8.98, Change: +2.09, Percent Change: +30.33