09:19 AM EDT, 08/02/2024 (MT Newswires) -- Owens & Minor ( OMI ) reported Q2 adjusted net income Friday of $0.36 per share, up from $0.18 a year earlier.

Analysts polled by Capital IQ expected $0.33.

Net revenue for the quarter ended June 30 was $2.67 billion, up from $2.56 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.65 billion.

The company said it continues to expect 2024 adjusted EPS in the range of $1.40 to $1.70. Analysts polled by Capital IQ expect $1.55. Revenue for the year is still expected in the range of $10.50 billion to $10.90 billion. Analysts surveyed by Capital IQ expect $10.67 billion.

Shares of the company were 2.1% higher in recent premarket activity.

Price: 16.77, Change: +0.35, Percent Change: +2.13