Omnicell reported a solid performance in Q2 2022, with GAAP revenues of $331 million and non-GAAP revenues of $332 million, despite a modest impact from a ransomware incident. The company reaffirmed its full-year 2022 guidance for product bookings, total GAAP and non-GAAP revenues, non-GAAP EPS, and non-GAAP EBITDA.
Delivered a solid performance in the second quarter and continue to see strength in overall business.
Reaffirmed full year 2022 guidance for Product Bookings, Total GAAP and non-GAAP Revenues, Non-GAAP EPS, and Non-GAAP EBITDA.
Ransomware incident modestly impacted second quarter results.
Confident in full year 2022 outlook given the demand expected for products and services in the second half of the year.
For the third quarter of 2022, Omnicell expects total GAAP and non-GAAP revenues to be between $360 million and $366 million. The company expects third quarter 2022 GAAP and non-GAAP product revenues to be between $261 million and $264 million, and third quarter 2022 GAAP and non-GAAP service revenues to be between $99 million and $102 million. The Company expects third quarter 2022 non-GAAP EBITDA to be between $60 million and $64 million. The Company expects third quarter 2022 non-GAAP earnings to be between $0.93 and $1.00 per share.
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