Omnicell (OMCL) said Thursday it updated its Q2 and 2025 non-GAAP earnings guidance based on the "temporarily lower tariff rates on imports from China."

The company said it now expects Q2 adjusted earnings of $0.24 to $0.34 per share, up from its prior guidance of between $0.19 and $0.32.

Analysts surveyed by FactSet expect $0.26.

Revenue for the quarter is still expected to be between $270 million and $280 million.

Analysts polled by FactSet expect $275.4 million.

The company said it now expects 2025 adjusted earnings of $1.30 to $1.65 per share, compared with a prior outlook of $1 to $1.65.

Analysts surveyed by FactSet expect $1.15.

Revenue for the year is still expected to be between $1.11 billion and $1.16 billion.

Analysts polled by FactSet expect $1.13 billion.

Omnicell said the lower end of its revised profit guidance assumes a return to a 145% tariff rate after a temporary reduction period ends on Aug. 11, while the higher end assumes a lower rate after that date. Omnicell estimates that each 25% drop in the tariff rate below 145% starting Aug. 12 would reduce the negative impact on 2025 profit by about $2 million, assuming no other major changes, the company said.

The board also authorized a new $75 million share buyback plan, which will run alongside the 2016 program that still has $2.7 million remaining as of March 31, Omnicell said, adding there is no expiration date for the new plan.

Shares were up 9.5% in recent trading.

Price: 29.79, Change: +2.45, Percent Change: +8.96