Summary
McKesson Corporation (MCK) filed an 8-K on November 10, 2014, to disclose updated historical financial information presented on a Non-GAAP "Adjusted Earnings" basis. The key change highlighted in this filing is the reclassification of its workforce business within the International Technology segment. This business has been moved from "discontinued operations" to "continuing operations." This adjustment reflects a change in how the company categorizes this segment's financial performance. Investors should note that this filing primarily provides a specific presentation of financial data and does not represent a change in the company's overall business strategy or previously announced financial guidance. The reclassification aims to provide a clearer view of the ongoing operational performance by integrating previously separated results into the main operational segments. The information was made available on McKesson's investor relations website.
Key Highlights
- 1McKesson Corporation (MCK) filed an 8-K on November 10, 2014.
- 2The filing discloses updated historical financial information based on "Adjusted Earnings" (Non-GAAP).
- 3A significant update involves reclassifying the workforce business within the International Technology segment.
- 4This workforce business has been moved from 'discontinued operations' to 'continuing operations'.
- 5The Adjusted Earnings presentation is available on the company's investor relations website.
- 6The information is furnished, not deemed 'filed' for Section 18 of the Exchange Act purposes.
- 7The Chief Financial Officer, James A. Beer, signed the report.