Omnicell Announces First Quarter 20...(19 per fully diluted share. This compare...),Health

Date:4/21/2008

19 per fully diluted share. This compares to non-GAAP net income of $10.2 million, or $0.28 per fully diluted share, for the fourth quarter of 2007. Non-GAAP results excludes share-based compensation expenses related to SFAS No. 123(R), and any tax benefit from the reversal of tax valuation allowances.

"We are pleased with our strong financial results and record revenue for the first quarter," said Randall A. Lipps, Omnicell's President and Chief Executive Officer. "Our orders in the first quarter were lower than we had expected, which we attribute to the macroeconomic environment. However, our customer base and our opportunities pipeline continued to grow in the first quarter, and our competitive position remains strong. I believe that when economic conditions improve, we will be well positioned to take advantage of the market opportunity. Our customers continue to rely on us to deliver the best customer experience in healthcare with products that enable them to be more efficient so they can continually improve patient safety."

Omnicell Conference Call Information

Omnicell will hold a conference call today at 1:30 p.m. PDT to discuss first quarter financial results. The conference call can be monitored by dialing 1-888-803-5209 within the U.S. or 1-706-679-1978 for all other locations. The Conference ID # is 43853338. Internet users can access the conference call at http://www.omnicell.com. A replay of the call will be available today at approximately 5:00 p.m. PDT and will be available until April 28. The replay access numbers are 1-800-642-1687 within the U.S. and 1-706-645-9291 for all other locations, conference code 43853338#.

About Omnicell

Omnicell, Inc. (Nasdaq:

SOURCE Omnicell, Inc. Copyright©2008 PR Newswire. All rights reserved

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