BOSTON, June 26, 2024 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Owens & Minor Inc. (NYSE:OMI) for potential securities law violations. Investors who have lost money in their Owens & Minor Inc. investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/omi. Owens & Minor, Inc. (OMI)'s Executive Vice President and Chief Financial Officer was abruptly asked to resign at the request of the firm. The abrupt change ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-9810 Owens & Minor, Inc. (Exact name of Registrant as specified in its charter) | Virginia | 54-1701843 | | --- | --- | | ( ...

Exhibit 99.1 Owens & Minor Reports First Quarter 2024 Financial Results Gross Margin Expansion of 79 Basis Points Adjusted EPS Growth of Nearly Four Times with GAAP EPS Loss of $(0.29) and Adjusted EPS of $0.19 Investments Outlined at 2023 Investor Day for Long-Term Growth are Ahead of Plan RICHMOND, VA – May 3, 2024 – Owens & Minor, Inc. (NYSE: OMI) today reported financial results for the first quarter ended March 31, 2024. Key Highlights: "Our solid performance in the first quarter was in line with our e ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the year ended December 31, 2023 ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number 1-9810 OWENS & MINOR, INC. (Exact name of registrant as specified in its charter) Virginia 54-1701843 (State or other jurisdiction of (I.R.S ...

Fourth Quarter 2023 Supplemental Earnings Slides February 20, 2024 2 Confidential & Proprietary to Owens & Minor, Inc. 1 Confidential & Proprietary to Owens & Minor, Inc. Safe Harbor This presentation is intended to be disclosure through methods reasonably designed to provide broad, non-exclusionary distribution to the public in compliance with the SEC's Fair Disclosure Regulation. This presentation contains certain ''forward-looking'' statements made pursuant to the Safe Harbor provisions of the Private Se ...

Revenue and Growth - For the three months ended September 30, 2023, net revenue increased by 3.8% to $2.59 billion compared to $2.50 billion for the same period in 2022[104] - The Products & Healthcare Services segment reported a net revenue of $1.94 billion, a 2.1% increase from $1.90 billion in the prior year, while the Patient Direct segment saw a 9.1% increase to $648.3 million from $594.0 million[104] - For the nine months ended September 30, 2023, net revenue rose by 3.7% to $7.68 billion, driven by a $308 million contribution from Apria and strong growth in Patient Direct[105] Profitability and Loss - The net loss per share for the three months ended September 30, 2023, was $(0.08), a decrease from net income of $0.16 in the same period of 2022[97] - Operating income for the Products & Healthcare Services segment decreased to $19.8 million for the three months ended September 30, 2023, down from $23.8 million in 2022, while the Patient Direct segment's operating income increased to $64.4 million from $59.7 million[98] Costs and Expenses - Cost of goods sold for the three months ended September 30, 2023, was $2.05 billion, reflecting a 3.5% increase from $1.98 billion in the prior year[107] - Distribution, selling and administrative (DS&A) expenses for the three months ended September 30, 2023, increased by $21,626 thousand, or 5.0%, compared to the same period in 2022, representing 17.46% of net revenue[111] - For the nine months ended September 30, 2023, DS&A expenses rose by $233,981 thousand, or 20.8%, totaling $1,356,334 thousand, with an increase in percentage of net revenue to 17.67%[112] Charges and Financial Adjustments - The company incurred exit and realignment charges of $28.2 million and $69.9 million for the three and nine months ended September 30, 2023, respectively, primarily related to the Operating Model Realignment Program[97] - Acquisition-related charges for the three months ended September 30, 2023, were $9,400 thousand, compared to $6,900 thousand in the same period of 2022, while for the nine months, charges decreased to $11,900 thousand from $45,200 thousand[114] - Exit and realignment charges for the three months ended September 30, 2023, were $30,180 thousand, a significant increase of 1,421.9% compared to $1,983 thousand in the same period of 2022[115] Cash Flow and Liquidity - Cash and cash equivalents as of September 30, 2023, were $215,191 thousand, a substantial increase of 209.8% from $69,467 thousand at December 31, 2022[123] - Net cash provided by operating activities for the nine months ended September 30, 2023, was $628,945 thousand, compared to $238,045 thousand in the same period of 2022[124] - Cash used for financing activities in the first nine months of 2023 included repayments of debt totaling $270 million, with $125 million in unscheduled and $10.8 million in scheduled principal payments on Term Loan A and Term Loan B[127] Assets and Liabilities - As of September 30, 2023, the company had total current assets of $1,471.9 million and total assets of $4,609.1 million[144] - The company had a maximum revolving borrowing capacity of $450 million under the Receivables Financing Agreement as of September 30, 2023[128] - The company has $421 million in borrowings under Term Loan A and $539 million under Term Loan B, with no borrowings under the Revolving Credit Agreement as of September 30, 2023[155] Foreign Currency and Risk Management - Foreign currency translation had an unfavorable impact on net revenue of $6.2 million for the nine months ended September 30, 2023, compared to the prior year[106] - The company is exposed to foreign currency translation and transaction risks due to business transactions in multiple currencies including euro and Malaysian ringgit[153] - The company is implementing strategies to manage operating expenses and improve operational efficiencies[153] Fuel and Shipping Costs - The average benchmark price for domestic diesel fuel was $4.20 per gallon in the first nine months of 2023, compared to $5.00 per gallon in the same period of 2022[156] - A 10 cents per gallon increase in diesel fuel prices could reduce annual operating income by approximately $0.6 million[156] - The company is indirectly exposed to increased shipping and freight costs due to fluctuations in fuel prices[156]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ________________________________________________ FORM 10-Q ________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-9810 _____________________ ...

Owens & Minor, Inc. (NYSE:OMI) Q2 2023 Earnings Conference Call August 4, 2023 8:30 AM ET Company Participants Jackie Marcus - Investor Relations Edward Pesicka - President, Chief Executive Officer Alexander Bruni - Executive Vice President, Chief Financial Officer Conference Call Participants Kevin Caliendo - UBS Michael Turney - Bank of America Jonathan Yong - Credit Suisse John Stansel - JPMorgan Daniel Grosslight - Citi Eric Coldwell - Baird Operator Good day, and thank you for standing by. Welcome to t ...

Owens & Minor Inc. (NYSE:OMI) Q1 2023 Earnings Conference Call May 5, 2023 8:30 AM ET Company Participants Edward Pesicka - President, Chief Executive Officer Alexander Bruni - Executive Vice President, Chief Financial Officer Jackie Marcus - Alpha IR Group Conference Call Participants Kevin Caliendo - UBS Michael Cherny - Bank of America Daniel Grosslight - Citi Eric Coldwell - Baird John Stansel - JP Morgan Operator Welcome to the Owens & Minor first quarter 2023 earnings call. All lines have been placed ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ________________________________________________ FORM 10-Q ________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-9810 ____________________ ...