HRC - Hillrom FQ4 top line down 10% earnings up 52% as business transition continues

Hillrom (HRC) fiscal Q4 results:Net revenues: $705.3M (-9.9%); products sales & service: $624.1M (-12.6%).Net income: $42.4M (+52.0%); EPS: $0.63 (+53.7%); non-GAAP EPS: $1.17 (-30.8%).Cash flow ops ((FY)): $481.7M (+20.0%).Fiscal Q1 guidance: Decline in revenue of 3 - 5%; non-GAAP EPS: $1.05 - 1.10.Fiscal 2021 guidance: Decline in revenue of 3 - 5%; non-GAAP EPS: $5.25 - 5.45; cash flow ops: $370M - 400M.Exit from Surgical Solutions international OEM business expected before year-end.Continuing to advance "connected care" strategy. New products generated $570M in sales during the fiscal year, many used to support COVID-19 treatment.Hill-Rom Holdings EPS beats by $0.10, beats on revenue

For further details see:

Hillrom FQ4 top line down 10%, earnings up 52% as business transition continues