Omnicell Stock Surges After Q1 Earnings Beat and Raised 2026 Profit Outlook
Omnicell shares rose 17.5% Tuesday after the company reported first-quarter revenue up 15% to $310 million and adjusted earnings of 55 cents per share, beating estimates. The company raised its 2026 profit outlook and cited strong demand for its new Titan XT automated dispensing system. GAAP net income was $11 million, compared to a $7 million loss a year earlier. Initial Titan XT orders were booked, with shipments expected in the second half of 2026.