Omnicell Announces First Quarter 20...(nt to the GAAP results that are containe...),Health
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Omnicell Announces First Quarter 2008 Results
Date:4/21/2008
nt to the GAAP results that are contained in this press release and in the Company's SEC filings.
Omnicell, Inc.
Condensed Consolidated Statement of Operations
(in thousands, except per share data, unaudited)
Three Months Ended
March 31, December 31, March 31,
2008 2007 2007
Revenues:
Product $52,415 $48,735 $40,241
Services and other revenues 9,675 9,211 7,920
Total revenue 62,090 57,946 48,161
Cost of revenues:
Cost of product revenues 23,970 21,724 18,740
Cost of services and other revenues 5,776 5,317 4,178
Total cost of revenues 29,746 27,041 22,918
Gross profit 32,344 30,905 25,243
Operating expenses:
Research and development 4,276 4,051 3,386
Selling, general, and administrative 23,207 21,538 18,363
Total operating expenses 27,483 25,589 21,749
Income from operations 4,861 5,316 3,494
Other income and expense 1,410 1,978 748
Income before provision for (benefit
from) income taxes 6,271 7,294 4,242
Provision for (benefit from) income
taxes 2,538 (7,003) 277
Net income $3,733 $14,297 $3,965
Net income per share:
Basic $0.11 $0.41 $0.14
Diluted
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