CareFusion Reports First Quarter Results, Raises Full-Ye...(income net income diluted earnings per s...),Health

Date:11/5/2009

income, net income, diluted earnings per share and segment profit. The company has included below unaudited adjusted financial information for the quarters ended September 30, 2009 and 2008, which present the company's results of operations after excluding restructuring and acquisition integration charges, one-time spinoff related costs, non-recurring tax items, and discontinued operations.

In addition CareFusion presents the non-GAAP measures "adjusted diluted earnings per share" on a forward-looking basis. The most directly comparable forward-looking GAAP measure for the company is diluted earnings per share. CareFusion is unable to provide a quantitative reconciliation of this forward-looking non-GAAP measure to the most directly comparable forward-looking GAAP measure, because the company cannot reliably forecast merger integration and restructuring costs and acquired in-process research and development costs, and other one-time costs. Please note that the unavailable reconciling items could significantly impact CareFusion's future financial results. A discussion of the reasons why management believes that the presentation of non-GAAP financial measures provides useful information to investors regarding CareFusion's financial condition and results of operations is included as Exhibit 99.3 to CareFusion's report on Form 8-K filed with the Securities and Exchange Commission on November 5, 2009.

Cautions concerning forward-looking statements

The CareFusion news release and the information contained herein contains forward-looking statements addressing expectations, prospects, estimates and other matters that are dependent upon future events or developments. The matters discussed in these forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected, anticipated or implied. The most significant of these uncertainties are described in CareFu
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