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Omnicell Announces Third Quarter 2010 Results
Date:10/27/2010

f performance. However, non-GAAP financial measures have limitations as an analytical tool and should not be considered in isolation or as a substitute for Omnicell's GAAP results.  In the future, we expect to incur expenses similar to certain of the non-GAAP adjustments described above and expect to continue reporting non-GAAP financial measures excluding such items. Some of the limitations in relying on non-GAAP financial measures are:

  • Omnicell's stock option and stock purchase plans are important components of incentive compensation arrangements and will be reflected as expenses in Omnicell's GAAP results for the foreseeable future under ASC 718.
  • Other companies, including other companies in Omnicell's industry, may calculate non-GAAP financial measures differently than Omnicell, limiting their usefulness as a comparative measure.

  • Pursuant to the requirements of SEC Regulation G, a detailed reconciliation between Omnicell's non-GAAP and GAAP financial results is set forth in the financial tables at the end of this press release. Investors are advised to carefully review and consider this information strictly as a supplement to the GAAP results that are contained in this press release and in Omnicell's SEC filings.

    OMCL-EOmnicell, Inc.Condensed Consolidated Statements of Operations(in thousands, except per share data, unaudited)Three Months EndedNine Months EndedSeptember 30,2010June 30,2010September 30,2009September 30,2010September 30,2009Revenues:Product

    $
    43,241

    $
    42,023

    $
    42,854$
    27,559

    $
    27,221Services and other revenues

    13,045

    12,670

    11,10337,580

    31,583Total revenue

    56,286

    54,693

    53,957165,139

    158,804Cost of revenues:Cost of product revenues

    19,449

    19,009

    20,08757,723

    59,542Cost of services and other revenues

    6,698

    6,816

    6,62120,823

    20,055Restructuring charges<
    '/>"/>

    SOURCE Omnicell, Inc.
    Copyright©2010 PR Newswire.
    All rights reserved

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