Owens & Minor Inc/va/ 8-K filings
Owens & Minor announced a 5% year-over-year revenue increase and a $198 million debt reduction in the third quarter of 2024, driven by strong performance in Patient Direct and Medical Distribution.
Owens & Minor's subsidiary, O&M Funding LLC, has entered into a receivables purchase agreement to sell up to $450 million in accounts receivable.
Owens & Minor and Rotech received a second request for information from the Federal Trade Commission (FTC), extending the review period for their proposed merger, now expected to close in the first half of 2025.
Owens & Minor has appointed Jonathan Leon as its new Executive Vice President and Chief Financial Officer, effective immediately, after he served as interim CFO since June 2024.
Owens & Minor, Inc. has redeemed all of its outstanding 4.375% Senior Notes due 2024, totaling $171.322 million, on September 16, 2024.
Owens & Minor announced a 4% year-over-year revenue increase in the second quarter of 2024, with growth in both its Products & Healthcare Services and Patient Direct segments, alongside a significant increase in operating cash flow.
Owens & Minor has issued an irrevocable notice to redeem all of its outstanding 4.375% Senior Notes due 2024 on September 16, 2024.
Owens & Minor has agreed to acquire Rotech Healthcare for $1.36 billion in cash, a move that significantly expands its presence in the home-based care market.
Owens & Minor announced preliminary second quarter 2024 financial results and reaffirmed its full-year 2024 guidance, despite a one-time tax charge.
Owens & Minor has appointed Jonathan A. Leon as interim CFO, following the resignation of Alexander J. Bruni, effective June 21, 2024.
Owens & Minor has appointed Jennifer Stone as its new Executive Vice President & Chief Human Resources Officer, effective June 3, 2024.
8-K: Owens & Minor Shareholders Approve Incentive Plan Amendment and Elect Directors at Annual Meeting
Owens & Minor shareholders approved an amendment to the 2023 Omnibus Incentive Plan and elected nine directors at the company's annual meeting on May 9, 2024.
8-K: Owens & Minor Appoints Snehashish Sarkar as Executive Vice President & Chief Information Officer
Owens & Minor has promoted Snehashish Sarkar to Executive Vice President & Chief Information Officer, effective May 9, 2024.
Owens & Minor reported a 4% year-over-year revenue increase and significant adjusted EPS growth in the first quarter of 2024, despite a GAAP net loss.
Dan J. Starck, Executive Vice President, Business Excellence of Owens & Minor, Inc., will retire effective May 17, 2024.
Owens & Minor's Our People & Culture Committee has approved performance stock unit grants under the company's 2023 Omnibus Incentive Plan, offering employees the opportunity to earn company stock based on performance metrics.
Owens & Minor reported a strong fourth quarter and full year 2023, highlighted by significant debt reduction and improved operating margins.