McKesson Corporation Reports Fiscal 2016 First-Quarter Results

SAN FRANCISCO--(BUSINESS WIRE)--McKesson Corporation (NYSE:MCK) today reported that revenues for the first quarter ended June 30, 2015 were $47.5 billion, up 9% compared to $43.5 billion a year ago. On the basis of U.S. generally accepted accounting principles (“GAAP”), first-quarter earnings per diluted share from continuing operations was $2.50 compared to $1.76 a year ago.

First-quarter Adjusted Earnings per diluted share was $3.14, up 27% compared to $2.47 a year ago. On a constant currency basis, Adjusted Earnings per diluted share increased 30% over the prior year. First-quarter results include a pre-tax gain of $51 million, or 16 cents per diluted share, related to the sale of the nurse triage business within Technology Solutions.

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