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Business Summary: Cencora, Inc. is a global pharmaceutical sourcing and distribution services company. The Company is focused on improving the lives of people and animals around the world. It is engaged in the delivery of pharmaceuticals, healthcare products, and solutions. The Company operates through two segments: U.S. Healthcare Solutions and International Healthcare Solutions. The U.S. Healthcare Solutions segment distributes a comprehensive offering of brand-name, specialty brand-name and generic pharmaceuticals, over-the-counter healthcare products, home healthcare supplies and equipment, and related services to a variety of healthcare providers, including acute care hospitals and health systems, independent and chain retail pharmacies, long-term care and alternate site pharmacies, and other customers. The International Healthcare Solutions segment consists of businesses that focus on international pharmaceutical wholesale and related service operations and global commercialization services.
Financial Summary: BRIEF: For the three months ended 31 December 2023, Cencora Inc revenues increased 15% to $72.25B. Net income increased 25% to $601.5M. Revenues reflect Human Health segment increase of 16% to $63.9B, Alliance Healthcare segment increase of 5% to $5.73B, Other Healthcare Solutions segment increase of 17% to $1.34B. Net income benefited from U.S. Healthcare Solutions segment income increase of 22% to $698.1M.