McKesson Reports Fiscal 2005 Fourth-Quarter And Full-Year Results

SAN FRANCISCO--(BUSINESS WIRE)--May 5, 2005--McKesson Corporation (NYSE:MCK): -- Fourth-quarter revenues of $20.6 billion, up 15%, and full-year revenues of $80.5 billion, up 16%. -- Fourth-quarter net income of $259.0 million, up 21%, and fourth-quarter diluted EPS of 85 cents, up 16%. -- Full-year net loss of $156.7 million or 53 cents per share, including third-quarter securities litigation charge of $810.0 million after-tax. -- Full-year diluted EPS of $2.19, level with prior year, excluding securities litigation charge. -- Annual cash flow from operations of $1.5 billion. -- Fiscal 2006 outlook: Diluted EPS of $2.25 to $2.40 per share. McKesson Corporation (NYSE:MCK) today reported that revenues for the fourth quarter ended March 31, 2005, were $20.6 billion, an increase of 15%. Fourth-quarter net income was $259.0 million, an increase of 21%, and diluted earnings per share were 85 cents, an increase of 16%.