CareFusion Corp. announced its second-quarter financial results, posting strong revenue growth bolstered by the acquisition of the Vital Signs division of GE Healthcare last January.
The San Diego-based company grew consolidated revenue 16 percent to $1.07 billion compared with $922 million in the second quarter of fiscal year 2014.
Gross profit increased 15 percent from the prior year period to $535 million.
The medical technology company reported net income of $173 million, or 83 cents per diluted share. Adjusted net income increased 78 percent from the prior year period to $206 million, or 99 cents per diluted share.