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Thursday, May 4, 2023

Cardinal ups guidance

 

  • Revenue increased 13% to $50.5 billion

  • GAAP1 operating earnings were $572 million; GAAP diluted EPS was $1.34

  • Non-GAAP operating earnings increased 11% to $606 million; non-GAAP diluted EPS increased 20% to $1.74

  • Fiscal year 2023 non-GAAP EPS guidance raised and narrowed to $5.60 to $5.80, from $5.20 to $5.50

  • Fiscal year 2023 adjusted free cash flow guidance raised and narrowed to $2.0 to $2.3 billion, from $1.5 to $2.0 billion

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