Cardinal Health (CAH) Revenue — Quarter Ended Dec 31, 2023
Revenue increased in the current quarter compared to both the prior quarter and the same quarter last year. The company's filing discusses its liquidity position and capital allocation, including share repurchases and dividends.
Key takeaway
Quarter ended Dec 31, 2023 · FY2024 Q2
Revenue increased in the current quarter compared to both the prior quarter and the same quarter last year. The company's filing discusses its liquidity position and capital allocation, including share repurchases and dividends.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$57.4B
Revenue reported for this quarter.
Quarter-over-quarter
+5.1%
Change from the immediately preceding quarter.
Year-over-year
+11.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$216B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2023 | $50.5B | +12.6% |
| Jun 30, 2023 | $53.4B | +13.5% |
| Sep 30, 2023 | $54.7B | +10.2% |
| Dec 31, 2023 | $57.4B | +11.6% |
Revenue performance
The reported revenue rose from the immediately preceding quarter, continuing a pattern of sequential growth.
Quarterly comparison
Compared to the same quarter one year earlier, revenue also showed an increase, reflecting a higher year-over-year growth rate than the sequential change.
What to watch
The filing's liquidity discussion notes significant cash deployment for share repurchases and dividends, which may be relevant to future capital allocation decisions.