[0] McKesson Reports Fiscal 2002 Third Quarter Results.

Extract


[0] McKesson Reports Fiscal 2002 Third Quarter Results.

Business Editors/Health & Medical Writers

SAN FRANCISCO--(BW HealthWire)--Jan. 22, 2002

McKesson Corporation (NYSE:MCK) today reported that earnings per diluted share before special items increased 58% in its third quarter ended December 31, 2001, on a 20% increase in revenues, to $9.6 billion, excluding sales to customers' warehouses. McKesson had net income before special items of $111.7 million or 38 cents per diluted share in the quarter, compared to net income before special items and discontinued operations of $69.3 million and 24 cents in the third quarter a year ago.

As reported under U.S. Generally Accepted Accounting Principles (GAAP) for the three months ended December 31, 2001, McKesson had revenues of $13.2 billion, including warehouse sales, and net earnings of $108.8 million including the $2.9 million after-tax impact of special items. Including special items and the results of discontinued operations, in the third quarter a year ago McKesson had revenues of $11.0 billion, including warehouse sales, and net earnings of $1.7 mill...

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