Cardinal Health held its 39th Annual Raymond James Institutional Investors Conference on March 6, 2018. Mike Kaufmann, Chief Executive Officer of Cardinal Health, presented an overview of the company including:
- Cardinal Health is a global, integrated healthcare products and services company with two reporting segments - Pharmaceutical and Medical.
- In FY17, Cardinal Health acquired Medtronic's Patient Recovery Business for $6.1 billion to expand its medical product portfolio.
- Cardinal Health reported FY17 revenues of $129.9 billion and non-GAAP operating earnings of $2.769 billion. For Q2FY18, revenues were $35.186 billion and non-GAAP operating earnings were $730