
April 30, 2026 – Cardinal Well being reported third quarter fiscal 2026 income of $60.9 billion, a rise of 11% from the third quarter of fiscal 2025.
GAAP working earnings fell 30% to $509 million within the third quarter and GAAP diluted earnings per share (EPS) fell 20% to $1.69, on account of a pre-tax goodwill impairment cost of $184 million within the firm’s Navista & ION reporting unit, primarily on account of modifications within the threat profile of the enterprise plans, leading to a rise within the low cost charge. These modifications mirror updates to the enterprise mannequin and core working efficiency.
Non-GAAP working revenue within the third quarter rose 18% to $956 million. Non-GAAP diluted earnings per share elevated 35% to $3.17, because of the improve in non-GAAP working revenue, a decrease non-GAAP efficient tax charge and a decrease share depend, partially offset by a rise in curiosity and different bills.
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