By Rob Curran
Shares of Omnicell rose sharply after the provider of healthcare technology swung to a first-quarter profit on better-than-anticipated revenue growth.
The Fort Worth, Texas, provider of medicine-dispensing equipment and other automated healthcare technology posted earnings of $11.4 million, or 25 cents a share, in contrast to a loss of $7.02 million, or 15 cents a share, a year earlier.
Analysts were looking for income of zero cents per share, as per FactSet.
Revenue rose 15% to $309.9 million, topping the mean analyst estimate of $304 million.
For the second quarter, Omnicell targeted adjusted earnings of 40 cents to 48 cents a share on revenue in a range between $307 million and $313 million. For 2026, the company projected adjusted earnings of $1.80 to $2 a share on revenue between about $1.22 billion and $1.26 billion.
Shares of Omnicell rose 21% to $45.50, premarket.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
April 28, 2026 09:04 ET (13:04 GMT)
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