News & Videos - CARDINAL HEALTH INC. - English

Cardinal Health Reports Third Quarter Fiscal Year 2024 Results and Raises Fiscal Year 2024 Non-GAAP EPS Guidance PR Newswire DUBLIN, Ohio, May 2, 2024 Revenue increased 9% to $54.9 billion GAAP 1 operating earnings were $367 million ; GAAP diluted EPS was $1.05 Non-GAAP operating earnings increased 10% to $666 million ; non-GAAP diluted EPS increased 20% to $2.08 Fiscal year 2024 non-GAAP EPS guidance 2 raised and narrowed to $7.30 to $7.40 , from $7.20 to $7.35 Company provides preliminary...

Cardinal Health Reaffirms Fiscal 2024 non-GAAP EPS Guidance and Long-term Targets Amidst Nonrenewal of OptumRx Customer Contracts PR Newswire DUBLIN, Ohio, April 22, 2024 DUBLIN, Ohio , April 22, 2024 /PRNewswire/ -- Cardinal Health (NYSE: CAH) announced today that its pharmaceutical distribution contracts with OptumRx, which expire at the end of June 2024 , will not be renewed. The company reaffirmed its fiscal 2024 non-GAAP diluted EPS guidance of $7.20 to $7.35 . Despite the nonrenewal of the...

Cardinal Health announces location of pharmaceutical distribution center for over-the-counter products PR Newswire COLUMBUS, Ohio, April 2, 2024 The Consumer Health Logistics Center will be located in Central Ohio and serve as a centralized hub for distribution of consumer health products COLUMBUS, Ohio , April 2, 2024 /PRNewswire/ -- Today, Cardinal Health (NYSE: CAH) announced that construction has begun for a new 350,000 square-foot logistics center in Columbus, Ohio , that will serve as a...

Cardinal Health to Announce Third-Quarter Results for Fiscal Year 2024 on May 2 PR Newswire DUBLIN, Ohio, March 26, 2024 DUBLIN, Ohio , March 26, 2024 /PRNewswire/ -- Cardinal Health (NYSE: CAH) plans to release third-quarter financial results for its fiscal year 2024 on May 2 , prior to the opening of trading on the New York Stock Exchange. The company will webcast a discussion of these results beginning at 8:30 a.m. Eastern. To access the webcast and corresponding slide presentation, visit...

Cardinal Health announces approved science-based climate targets; expands focus across the supply chain PR Newswire DUBLIN, Ohio, March 15, 2024 DUBLIN, Ohio , March 15, 2024 /PRNewswire/ -- Cardinal Health (NYSE: CAH) today announced that the company has received approval by the Science Based Targets initiative (SBTi) for its near-term science-based greenhouse gas (GHG) emissions reduction targets. Targets are considered science-based if they align with what the latest climate science says is...

Cardinal Health annual research report examines milestone year in biosimilars PR Newswire DUBLIN, Ohio, Feb. 29, 2024 Study reveals impact of dramatic increase in commercially available biosimilars and progress in the areas of patient accessibility and treatment affordability DUBLIN, Ohio , Feb. 29, 2024 /PRNewswire/ -- Today, Cardinal Health (NYSE: CAH) released its 2024 Biosimilars Report: insights on a pivotal year of evolution and expansion, an analysis of key recent economic, competitive,...

Bob Azelby to join Cardinal Health Board of Directors PR Newswire DUBLIN, Ohio, Feb. 28, 2024 DUBLIN, Ohio , Feb. 28, 2024 /PRNewswire/ -- Cardinal Health (NYSE: CAH) announced today that its Board of Directors has elected Robert "Bob" Azelby as an independent director, effective March 1. Mr. Azelby joins the board with over 30 years of experience, including as a Chief Executive Officer and board member for large, matrixed organizations in the biopharmaceutical, oncology and other specialty...

Cardinal Health Board of Directors Approves Quarterly Dividend PR Newswire DUBLIN, Ohio, Feb. 6, 2024 DUBLIN, Ohio , Feb. 6, 2024 /PRNewswire/ -- Cardinal Health (NYSE: CAH) announced today that its Board of Directors approved a quarterly dividend of $0.5006 per share out of the Company's capital surplus. The dividend will be payable on April 15, 2024 to shareholders of record at the close of business on April 1, 2024 . About Cardinal Health Cardinal Health is a distributor of pharmaceuticals, a...

Cardinal Health publishes Fiscal 2023 Environmental, Social and Governance (ESG) Report PR Newswire DUBLIN, Ohio, Feb. 6, 2024 DUBLIN, Ohio , Feb. 6, 2024 /PRNewswire/ -- Cardinal Health (NYSE: CAH) today released its Fiscal 2023 Environmental, Social and Governance (ESG) Report , highlighting the company's work toward building a healthier, more equitable future. "At Cardinal Health, we approach ESG in a way that supports our business, positions us as a partner of choice for customers and...

Cardinal Health Reports Second Quarter Fiscal 2024 Results and Raises Fiscal 2024 Outlook PR Newswire DUBLIN, Ohio, Feb. 1, 2024 Revenue increased 12% to $57.4 billion GAAP 1 operating earnings were $482 million ; GAAP diluted EPS was $1.43 Non-GAAP operating earnings increased 20% to $562 million ; non-GAAP diluted EPS increased 38% to $1.82 Fiscal 2024 non-GAAP EPS guidance raised to $7.20 to $7.35 , from $6.75 to $7.00 2,3 Fiscal 2024 non-GAAP adjusted free cash flow guidance raised to ~$2.5...

Cardinal Health to acquire Specialty Networks and its PPS Analytics platform, a technology enabled multi-specialty group purchasing and practice enhancement organization in urology, rheumatology and gastroenterology PR Newswire DUBLIN, Ohio, Jan. 31, 2024 Transaction creates increased clinical and economic value for 11,500 specialty providers, including more than 7,000 physicians across 1,200 independent physician practices Transaction creates platform for Cardinal Health expansion across...

Cardinal Health Announces Progress on Business and Portfolio Review and Fiscal 2024 Outlook Update PR Newswire DUBLIN, Ohio, Jan. 9, 2024 Progress achieved on company's ongoing business and portfolio review Completed review of growth businesses within the Medical Segment: investing in and further developing at-Home Solutions and OptiFreight ® Logistics as part of the company's portfolio for long-term growth and value creation Review of Global Medical Products and Distribution business...

Cardinal Health to Announce Second-Quarter Results for Fiscal Year 2024 on February 1 PR Newswire DUBLIN, Ohio, Jan. 2, 2024 DUBLIN, Ohio , Jan. 2 , 2024 /PRNewswire/ -- Cardinal Health (NYSE: CAH) plans to release second-quarter financial results for its fiscal year 2024 on February 1 , prior to the opening of trading on the New York Stock Exchange. The company will webcast a discussion of these results beginning at 8:30 a.m. Eastern. To access the webcast and corresponding slide presentation,...

Cardinal Health Board of Directors Approves Quarterly Dividend PR Newswire DUBLIN, Ohio, Nov. 14, 2023 DUBLIN, Ohio , Nov. 14, 2023 /PRNewswire/ -- Cardinal Health (NYSE: CAH) announced today that its Board of Directors approved a quarterly dividend of $0.5006 per share out of the Company's capital surplus. The dividend will be payable on January 15, 2024 to shareholders of record at the close of business on January 2, 2024 . About Cardinal Health Cardinal Health is a distributor of...

Cardinal Health launches SmartGown™ EDGE Breathable Surgical Gown with ASSIST™ Instrument Pockets PR Newswire DUBLIN, Ohio, Nov. 9, 2023 SmartGown™ EDGE is the first pocketed surgical gown designed to help maintain instrument sterility and accessibility. DUBLIN, Ohio , Nov. 9, 2023 /PRNewswire/ -- Cardinal Health (NYSE: CAH) announced today the U.S. launch of its SmartGown™ EDGE Breathable Surgical Gown with ASSIST™ Instrument Pockets, created to provide surgical teams safe and...

Cardinal Health Reports First Quarter Fiscal 2024 Results and Raises Fiscal 2024 Outlook PR Newswire DUBLIN, Ohio, Nov. 3, 2023 Revenue increased 10% to $54.8 billion GAAP 1 operating loss was $14 million and GAAP diluted EPS was $0.02 , driven by a Medical segment goodwill impairment Non-GAAP operating earnings increased 35% to $571 million , driven by significant increases in both Pharmaceutical segment profit and Medical segment profit; non-GAAP diluted EPS increased 44% to $1.73...

Cardinal Health Named to 100 Best Corporate Citizens of 2023 PR Newswire DUBLIN, Ohio, Oct. 18, 2023 DUBLIN, Ohio , Oct. 18, 2023 /PRNewswire/ -- Cardinal Health (NYSE: CAH) has been named among the 100 Best Corporate Citizens, a prestigious annual ranking by 3BL Media that assesses the environmental, social and governance (ESG) transparency and performance of the 1,000 largest public companies in the U.S. "We're honored to be included among the 100 Best Corporate Citizens," said Cardinal Health...

Cardinal Health Launches Kangaroo OMNI™ Enteral Feeding Pump PR Newswire DUBLIN, Ohio, Sept. 28, 2023 The next generation in enteral feeding, Kangaroo OMNI™ delivers nutrition and hydration from hospital to home. DUBLIN, Ohio , Sept. 28, 2023 /PRNewswire/ -- Cardinal Health (NYSE: CAH) announced today the U.S. launch of its Kangaroo OMNI™ Enteral Feeding Pump, designed to help provide enteral feeding patients with more options to meet their personalized needs throughout their enteral...

Cardinal Health to Announce First-Quarter Results for Fiscal Year 2024 on November 3 PR Newswire DUBLIN, Ohio, Sept. 26, 2023 DUBLIN, Ohio , Sept. 26, 2023 /PRNewswire/ -- Cardinal Health (NYSE: CAH) plans to release first-quarter financial results for its fiscal year 2024 on November 3 , prior to the opening of trading on the New York Stock Exchange. The company will webcast a discussion of these results beginning at 8:30 a.m. Eastern. To access the webcast and corresponding slide presentation,...

Cardinal Health and Children's Hospital Association Announce Second Preventing Youth Suicide Cohort PR Newswire DUBLIN, Ohio, Sept. 13, 2023 Cardinal Health Foundation will invest $1.7M to help 14 children's hospitals nationwide prevent youth suicide. DUBLIN, Ohio , Sept. 13, 2023 /PRNewswire/ -- Cardinal Health (NYSE: CAH) in partnership with Children's Hospitals Association (CHA) and the Zero Suicide Institute (ZSI) announced today the second round of grant recipients for the Preventing Youth...