2024-02-08 18:03:03 ET
Omnicell, Inc. (OMCL)
Q4 2023 Earnings Conference Call
February 08, 2024, 08:30 AM ET
Company Participants
Kathleen Nemeth - SVP of IR
Randall Lipps - Chairman, President, CEO and Founder
Nchacha Etta - EVP and CFO
Conference Call Participants
Stan Berenshteyn - Wells Fargo
Anne Samuel - JPMorgan
Scott Schoenhaus - KeyBanc
Allen Lutz - Bank of America
Matt Hewitt - Craig-Hallum Capital Group
David Larsen - BTIG
Stephanie Davis - Barclays
Bill Sutherland - The Benchmark Company
Jessica Tassan - Piper Sandler
Presentation
Operator
Good morning, and welcome to the Omnicell Fourth Quarter and Full Year 2023 Financial Results Call. Please note that today's call is being recorded. [Operator Instructions]
I will now turn the call over to Kathleen Nemeth, Senior Vice President, Investor Relations. You may begin your conference.
Kathleen Nemeth
Good morning, and welcome to the Omnicell fourth quarter and full year 2023 financial results conference call. On the call with me today are Randall Lipps, Omnicell Chairman, President, CEO and Founder; and Nchacha Etta, Executive Vice President and Chief Financial Officer.
This call will contain forward-looking statements, including statements related to financial projections or other statements regarding Omnicell's plans, strategy, objectives, goals, expectations, cost savings actions holistic review of the business or market or company outlook that are subject to risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied. For a more detailed description of the risks that impact these forward-looking statements, please refer to the information in our press release issued today, and the Omnicell annual report on Form 10-K filed with the SEC on March 1, 2023, and in other more recent reports filed with the SEC. Please be aware that you should not place undue reliance on any forward-looking statements made today.
All forward-looking statements speak only as of the date hereof or the date specified on the call. Except as required by law, we do not assume any obligation to update or otherwise release publicly any revisions to our forward-looking statements. Our results were released this morning and are posted on the Investor Relations section of our website at ir.omnicell.com. Additionally, we would like to remind you that during this call, we will discuss some non-GAAP financial measures.
Reconciliations of these non-GAAP measures to the most comparable GAAP financial measures are included in our financial results press release issued today. With respect to forward-looking non-GAAP measures, we do not provide a reconciliation of forward-looking non-GAAP measures to the comparable GAAP measures on a forward-looking basis, as these items are inherently uncertain and difficult to estimate and cannot be predicted without unreasonable effort.
With that, I will turn the call over to Randall. Randall?
Randall Lipps
Good morning, and thank you all for joining us.
Today, I will walk through our high-level performance for the fourth quarter and fiscal 2023, including some key customer wins. Nchacha will also provide an update on the current demand environment and our Q1 and full year 2024 outlook....
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Omnicell, Inc. (OMCL) Q4 2023 Earnings Call Transcript