Omnicell CFO Nchacha Etta to step down in September

Published 12/03/2025, 13:38
Omnicell CFO Nchacha Etta to step down in September

FORT WORTH, Texas - Omnicell, Inc. (NASDAQ:OMCL), a company specialized in pharmacy and nursing care delivery transformation with a market capitalization of $1.67 billion, announced that its Executive Vice President and Chief Financial Officer, Nchacha Etta, will resign from his position effective September 15, 2025, or upon the appointment of his successor. According to InvestingPro analysis, the company currently appears undervalued based on its Fair Value assessment. The company has initiated a national search for a new CFO and confirms that Etta will assist in the transitional phase.

Etta, who joined Omnicell in mid-2023, played a significant role in the company’s operations, including the integration of acquisitions and the implementation of operational efficiencies amidst industry challenges. Under his tenure, the company maintained a moderate debt level with a debt-to-equity ratio of 0.31 and achieved a solid current ratio of 1.37. Randall Lipps, Omnicell’s chairman, president, CEO, and founder, expressed gratitude for Etta’s contributions and wished him well for the future.

In the same announcement, Omnicell reiterated its financial guidance for the first quarter and the full year of 2025, as previously stated in the earnings release dated February 6, 2025. InvestingPro data reveals that analysts expect net income growth this year, with an EPS forecast of $1.82 for FY2025. Subscribers to InvestingPro can access 12 additional key insights about Omnicell’s financial outlook and valuation metrics. Lipps emphasized the company’s commitment to strategic priorities, long-term revenue growth, and delivering innovative solutions to enhance customer outcomes, aligning with the vision of the Autonomous Pharmacy.

Omnicell, founded in 1992, offers a range of solutions including robotics, smart devices, software workflows, data analytics, and expert services to healthcare facilities globally. The company aims to improve cost savings, labor efficiency, revenue streams, supply chain control, compliance, and progress toward the Autonomous Pharmacy. With annual revenue of $1.11 billion and a gross profit margin of 42.75%, the company maintains a strong market position in the healthcare technology sector. Detailed analysis of Omnicell’s competitive position and growth prospects is available in the comprehensive Pro Research Report on InvestingPro.

The information in this article is based on a press release statement from Omnicell, Inc. The forward-looking statements in the press release are subject to numerous factors that could cause actual results to differ materially from those anticipated.

In other recent news, Omnicell, Inc. reported its fourth-quarter earnings, surpassing analyst expectations with adjusted earnings per share of $0.60 against the projected $0.58. The company also exceeded revenue forecasts, posting $306.88 million compared to the anticipated $299.6 million, marking a 19% year-over-year increase. Despite these positive results, Omnicell issued guidance for the first quarter and full year 2025 that fell short of market expectations. The company projects first-quarter earnings per share between $0.15 and $0.25, below the analyst consensus of $0.31, and revenue guidance of $255-265 million, missing the $264.9 million estimate at the midpoint.

For the full year 2025, Omnicell expects earnings per share of $1.65-$1.85 on revenue of $1.1-1.15 billion, with the midpoint of the earnings guidance slightly above the $1.69 consensus, but the revenue outlook falling short of the $1.15 billion analyst projection. In other developments, Omnicell confirmed the continuation of Randall A. Lipps as President and CEO through 2027 under a new employment agreement. This agreement includes an annual base salary of at least $833,000 and an annual long-term incentive award of not less than $6,375,000. Should Lipps’s employment be terminated without cause, he is eligible for a severance package including cash payment and other benefits.

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