SANTA CLARA, Calif. (AP) — SANTA CLARA, Calif. (AP) — Omnicell Inc. (OMCL) on Tuesday reported a loss of $28.4 million in its fourth quarter.
The Santa Clara, California-based company said it had a loss of 64 cents per share. Earnings, adjusted for one-time gains and costs, came to 33 cents per share.
The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 9 cents per share.
The Omnicell Inc. posted revenue of $297.7 million in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $286.3 million.
For the year, the company reported profit of $5.6 million, or 12 cents per share. Revenue was reported as $1.3 billion.
For the current quarter ending in March, Omnicell expects its per-share earnings to range from 4 cents to 14 cents.
The company said it expects revenue in the range of $273 million to $283 million for the fiscal first quarter.
Omnicell expects full-year earnings in the range of $1.55 to $1.80 per share, with revenue ranging from $1.15 billion to $1.19 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a OMCL">Zacks stock report on OMCL at https://www.zacks.com/ap/OMCL