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Financial Report: Cardinal Health

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Cardinal Health 4Q Revenues: $22 billion (+12%) 4Q Earnings: $321 million (+25%) FY Revenues: $81 billion (+10%) FY Earnings: $1 billion (-5%) Comments: Revenue growth was led by Pharmaceutical Distribution and Provider Services segment, up 16% to $18 billion for the quarter and up 11% to $67 billion for the year. Operating earnings were down 11% to $268 million for the quarter and were even with the prior year at $1 billion. For the quarter, revenue for the Pharmaceutica...

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