NASDAQ$OMCL

Omnicell Inc. · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Reported strong fourth quarter and full year results, exceeding pre-pandemic bookings guidance and October 2020 guidance across all key metrics, including total revenues, total product bookings, and non-GAAP earnings per share.

Omnicell reported a strong fourth quarter and full year 2020, exceeding expectations and achieving record product bookings of over $1 billion. The company is well-positioned for future growth due to the increasing importance of pharmacy automation and the strategic relevance of its solutions.

  • Total revenues for the fourth quarter of 2020 were $249.2 million, up $0.9 million from the fourth quarter of 2019.
  • Fourth quarter 2020 GAAP net income was $16.4 million, or $0.37 per diluted share, compared to $22.1 million, or $0.51 per diluted share, for the fourth quarter of 2019.
  • Non-GAAP net income for the fourth quarter of 2020 was $40.2 million, or $0.91 per diluted share, compared to $33.5 million, or $0.77 per diluted share, for the fourth quarter of 2019.
  • Ended the year with record product bookings of more than $1 billion.

Headline financials

Total Revenue

$249M

Previous: $248M+0.4%
EPS (adj)

$0.91

Previous: $0.77+18.2%
Capital Expenditures

$5.58M

Previous: $3.26M+71.0%
Free Cash Flow

$70.9M

Previous: $31.6M+124.6%
Net Income

$16.4M

Previous: $22.1M-25.9%
Operating Income

$20.2M

Previous: $22.2M-8.9%
Gross Profit

$124M

Previous: $124M+0.0%
Cash & Equivalents

$486M

Previous: $127M+282.0%
Total Assets

$1.82B

Previous: $1.24B+47.0%
Stock-Based Comp

$11.7M

Previous: $8.87M+31.4%

Revenue & EPS history

Omnicell · Revenue · Quarterly

$249M

Q4 2020+0.4%vs Q4 2019
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Revenue by segment

Omnicell · $176M total across 1 segment · Q4 2020

  • Product revenues
    $176M-6.1%

Forward guidance

For the first quarter of 2021, the Company expects total revenues to be between $243 million and $248 million and non-GAAP earnings to be between $0.64 and $0.69 per share. For the full year 2021, the Company expects total revenues to be between $1.085 billion and $1.105 billion and non-GAAP earnings to be between $3.40 and $3.60 per share.

Tailwinds

  • Total revenues to be between $243 million and $248 million for Q1 2021.
  • Product revenues to be between $171 million and $174 million for Q1 2021.
  • Service revenues to be between $72 million and $74 million for Q1 2021.
  • Non-GAAP EBITDA to be between $40 million and $43 million for Q1 2021.
  • Non-GAAP earnings to be between $0.64 and $0.69 per share for Q1 2021.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2020

Historical avgQ4 2020

+0.7%

Avg return

Earnings day

+1.6%

Avg return

5 days after

+4.7%

Avg return

30 days after

55%

36 / 65 earnings

Positive

+34.3%

Q2 2024

Best reaction

-29.4%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.2%+13.7%+18.8%
Q4 2025-16.3%-16.5%-11.5%
Q3 2025+13.4%+16.7%+23.5%
Q1 2025-16.0%-15.4%+1.2%
Q4 2024-11.2%-7.1%-16.7%
Q3 2024+21.2%+20.9%+16.1%
Q2 2024+34.3%+41.6%+52.3%
Q1 2024+10.9%+11.5%+19.9%
Q4 2023-15.6%-11.9%-12.0%
Q3 2023-14.9%-13.9%-5.5%
Q2 2023+2.3%+2.9%-10.0%
Q1 2023+8.9%+7.1%+18.6%
Q4 2022+7.9%+6.6%+6.4%
Q3 2022-29.4%-35.9%-33.4%
Q2 2022-2.1%-5.6%-10.6%
Q1 2022+1.2%+5.9%+4.7%
Q4 2021-9.6%-18.4%-11.5%
Q3 2021+2.2%+1.6%+1.5%
Q2 2021-1.1%+0.4%+7.1%
Q1 2021+1.8%-1.5%-2.4%
Q4 2020+7.0%+8.9%+6.5%
Q3 2020+2.3%+2.9%+27.0%
Q2 2020+9.1%+5.5%+2.7%
Q1 2020-6.1%-12.3%-0.5%
Q4 2019-1.4%+2.3%-4.5%
Q3 2019-3.7%-1.9%+7.4%
Q2 2019+6.7%+5.4%+0.6%
Q1 2019+0.7%+3.8%+4.7%
Q4 2018+17.9%+21.0%+28.0%
Q3 2018+6.1%+15.2%+18.8%
Q2 2018+13.7%+13.0%+29.5%
Q1 2018+1.6%-0.1%+5.3%
Q4 2017-6.2%-9.8%-12.9%
Q3 2017-6.4%-8.2%-7.6%
Q2 2017+12.5%+16.3%+12.1%
Q1 2017-3.2%-1.7%+0.0%
Q4 2016-0.7%+1.0%+4.5%
Q3 2016-6.3%-6.8%+3.2%
Q2 2016+6.8%+4.7%+3.4%
Q1 2016+3.9%
Q4 2015-1.0%
Q3 2015-10.5%
Q2 2015-8.8%
Q1 2015-2.6%
Q4 2014+5.3%
Q3 2014+9.7%
Q2 2014-3.9%
Q1 2014+0.4%
Q4 2013+8.9%
Q3 2013-1.4%
Q2 2013+8.7%
Q1 2013+7.6%
Q3 2010-1.3%
Q4 2012+13.4%
Q3 2012+12.2%
Q2 2012+0.9%
Q1 2011-0.3%
Q1 2012+4.8%
Q4 2011+2.6%
Q4 2009+2.6%
Q3 2011-0.7%
Q2 2010-16.9%
Q2 2011-16.9%
Q4 2010-16.9%
Q1 2010+7.0%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro