RICHMOND, Va.--(BUSINESS WIRE)--Owens & Minor (NYSE:OMI) today reported financial results for the first quarter ended March 31, 2008. Revenue for the quarter of $1.75 billion increased 3.9% from revenue of $1.69 billion in the first quarter 2007. Net income for the quarter was $24.2 million, an improvement of 124% from net income of $10.8 million in the first quarter of 2007. Diluted earnings per share (EPS) were a record $0.59 for the first quarter of 2008, compared to EPS of $0.27 for the same period last year. Results for the first quarter of 2007 included significant expenses related to the transition of an acquired business.
