Expect 2009 revenue of $208 to $213M, Consensus was revenue of $207M

• Expect EPS of $0.34 to $0.38, consensus was 0.34

OMCL say, yahoo says 33c and 208 in revs.

Guidance would imply 10c and 11c for q3 and q4.. non-GAAP that is.


On a non-GAAP basis quarter was quite profitable... some 10% op earnings, but 2.5 % GAAP.

Mgmt seemed to change there tune on the stimulus impact, earlier said "none", now say their products are in the center of the storm of hospital cost management as it were - so they think the stimulus would be a benefit.

The DSO issue got a lot of press, yes it is high, but only an issue if they become risky... ok so time=risk... and with $4/share in cash they can afford it.

Inventory on the other hand is well under control.

This would have been a very positive call, if they had confirmed the market had touched bottom and started to turn around by upping end-year backlog prediction. This they refuse to do... after all there is still 5 months left to go and all deals are binary until they are signed.

Upping the revenue is the best sign they can give at this point, as the analyst asked is there any other parameter in the equation... mgmt answer was no, but real answer is yes there is: management sentiment.

The negative of course is their belief that hospital cap ex is tied to unemployment rates... and that will still go up.