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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Owens & Minor, Inc. - OMI
OMIOwens & Minor(OMI) Prnewswire·2025-02-11 20:22

Core Viewpoint - Pomerantz LLP is investigating claims on behalf of investors of Owens & Minor, Inc regarding potential securities fraud or unlawful business practices by Luna Innovations and its officers or directors [1][2]. Financial Performance - On February 3, 2024, Owens & Minor announced preliminary financial results for Q4 and the year ended December 31, 2024, revealing revenue that fell short of consensus estimates [2]. - The company expects to record a non-cash goodwill impairment charge of approximately 310million,equatingtoabout(310 million, equating to about (4.00) net loss per share, primarily due to financial market changes, including a decline in stock price and rising interest rates [2]. - Following this announcement, Owens & Minor's stock price dropped by 5.01pershare,or35.185.01 per share, or 35.18%, closing at 9.23 per share on February 3, 2025 [2].