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Cardinal Health posts 13% drop in Q1 bottom line

Staff Writer |
Cardinal Health reported a profit for first quarter that fell compared to the same period last year.

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The company said its earnings totaled $346 million, or $1.09 per share.

This was lower than $399 million, or $1.24 per share, in last year's first quarter.

The company said revenue for the quarter rose 1.9% to $32.6 billion. This was up from $32.0 billion last year.

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