Strong Revenue and Operating Profit Growth
Revenue grew 18% to $95.3 billion and adjusted operating profit increased 16% to $1.5 billion. Double-digit growth was observed across the U.S. Pharmaceutical and Prescription Technology Solutions segments.
Raised Full-Year Guidance
The full-year guidance for adjusted earnings per diluted share was raised from $32.40-$33 to $32.55-$32.95, representing 19% to 20% year-over-year adjusted EPS growth.
Expansion in Specialty Services
McKesson announced the acquisition of a controlling interest in PRISM Vision, a provider of ophthalmology and retina management services. This acquisition is expected to be accretive to EPS by $0.20 to $0.30 in the first 12 months post-closing.
Growth in Oncology and Biopharma Services
The oncology platform expanded with 2,750 providers across 640 sites of care. Prescription Technology Solutions segment saw 14% revenue growth and 22% operating profit growth, driven by access and affordability solutions.