Reported about 2 months ago
Cardinal Health's stock rose after the company exceeded expectations in its fourth-quarter results, with revenue increasing 12% year-over-year to $59.87 billion. CFO Aaron Alt highlighted ongoing momentum, growth in pharmacy and medical distribution, and confidence in their partnership with CVS Health. Despite acknowledging inflation as a persistent challenge, Alt expressed optimism about the company's future strategy to collaborate with suppliers and consumers to mitigate impacts.
Source: YAHOO