Owens & Minor Inc. (NYSE: OMI), Richmond, VA, reported sales for the third quarter ended Sept. 30, 2013, were $2.3 billion, up 5.7 percent from the prior-year period.
The increase was mainly due to growth in the company’s international segment, which consists of Movianto, acquired in 2012.
For the third quarter of 2013, profit was $28 million, an increase of 13.7 percent.
"These results continue to support our belief that our strategy is working despite a shifting healthcare landscape, and we continue to see promise in the market and our ability to tap into new opportunities," said Craig R. Smith, CEO.
Year-to-date, sales were $6.85 billion, an increase of 4 percent from the same period a year ago. Profit for the first nine months was $82.9 million.