Owens & Minor sees $310M non-cash goodwill impairment charge in Apria division

The company expects to record a non-cash goodwill impairment charge within its Apria division of approximately $310M, or approximately ($4.00) net loss per share. The impairment charge relates to a combination of factors occurring in the fourth quarter 2024. The majority of these factors are related to financial market changes inclusive of a decline in Owens & Minor’s stock price and rising interest rates. Additionally, anticipated changes in pricing of a capitated contract also contributed to this charge.