Cardinal Health (CAH) Tops Q4 EPS by 6c, Offers Guidance

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Go back to Cardinal Health (CAH) Tops Q4 EPS by 6c, Offers Guidance

Cardinal Health Reports Fourth Quarter and Full Year Results for Fiscal Year 2023 at High End of Investor Day Guidance

August 15, 2023 6:55 AM EDT

Fourth quarter revenue increased 13% to $53.5 billionFourth quarter GAAP1 operating earnings were $137 million and GAAP diluted loss per share was $0.25 Fourth quarter non-GAAP operating earnings increased 24% to $560 million and non-GAAP diluted EPS increased 48% to $1.55Fourth quarter Pharmaceutical segment profit increased 12% to $504 million and Medical segment profit increased to $82 million Generated both operating cash flow and non-GAAP adjusted free cash flow of $2.8 billion and returned over $2.5 billion to... More