McKesson, a leading drug distributor, has reported a drop in profit for the latest quarter due to a significant charge associated with Rite Aid. However, the company has raised its outlook for the fiscal year. In the fiscal third quarter that ended on December 31, McKesson recorded a net income of $589 million, or $4.42 per share. This is a decrease from the previous year's net … [Read more...] about McKesson Reports Drop in Profit, Raises Outlook for Fiscal Year
fiscal year
DocuSign Raises Outlook for Fiscal Year
DocuSign, the e-signature company, has issued its outlook for the current quarter and raised its outlook for the fiscal year. Fourth Quarter Revenue Forecast For the fourth quarter ending January 31, DocuSign forecasts revenue between $696 million and $700 million. This exceeds analysts' expectations of $694 million in revenue. Additionally, billings for the current quarter are … [Read more...] about DocuSign Raises Outlook for Fiscal Year