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Friday, November 4, 2022

Cardinal backs 2023 outlook

 

  • Revenue increased 13% to $49.6 billion

  • GAAP1 operating earnings were $137 million, GAAP diluted EPS were $0.40

  • Non-GAAP operating earnings decreased 20% to $423 million due to a decline in Medical segment profit, partially offset by an increase in Pharmaceutical segment profit; non-GAAP diluted EPS decreased 7% to $1.20

  • Company reaffirmed fiscal year 2023 non-GAAP EPS guidance

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