Summary
This Form 8-K filing by Cardinal Health, Inc. (CAH) on August 18, 2009, primarily serves to announce the company's financial results for the fourth quarter and full fiscal year ended June 30, 2009. The report highlights that management believes non-GAAP financial measures offer valuable insights to investors regarding the company's financial performance and condition. This filing is particularly important as it also provides preliminary information and outlook for CareFusion Corporation, a company that is being spun off from Cardinal Health's clinical and medical products businesses, including pro forma financial information for CareFusion.
Key Highlights
- 1Cardinal Health announced its financial results for the fourth quarter and full fiscal year ending June 30, 2009.
- 2The company presented non-GAAP financial measures, asserting their usefulness for investor understanding of financial condition and operational results.
- 3Details regarding an upcoming conference call on August 18, 2009, to discuss historical and adjusted results, as well as outlook for fiscal year 2010, are provided.
- 4Information about the expected management of the newly public CareFusion Corporation is included, along with their historical pro forma results and outlook.
- 5Cardinal Health included adjusted consolidated financial statements reflecting the removal of the CareFusion businesses and non-GAAP reconciliations.
- 6CareFusion's unaudited pro forma condensed consolidated statements of earnings and non-GAAP reconciliations were also provided.