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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Cardinal Health stock maintained gains following reports of significant quarterly revenue growth and enhanced earnings per share, driven by a strategic focus on higher-margin medical products. The company continues its disciplined capital allocation through dividends and share repurchases. In July, the firm further expanded its portfolio by acquiring Strive Medical and AdaptHealth's diabetes business for a combined total of $360 million.