Omnicell: Q3 Earnings Snapshot

FORT WORTH, Texas (AP) — FORT WORTH, Texas (AP) — Omnicell Inc. (OMCL) on Thursday reported third-quarter earnings of $11 million.

On a per-share basis, the Fort Worth, Texas-based company said it had profit of 24 cents. Earnings, adjusted for one-time gains and costs, were 58 cents per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 42 cents per share.

The Omnicell Inc. posted revenue of $307.9 million in the period.

For the current quarter ending in December, Omnicell expects its per-share earnings to range from 41 cents to 49 cents.

The company said it expects revenue in the range of $295 million to $301 million for the fiscal fourth quarter.

Omnicell expects full-year earnings in the range of $2.48 to $2.56 per share, with revenue expected to be $1.23 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OMCL at https://www.zacks.com/ap/OMCL