McKesson has reported revenues of $27.53bn for the second quarter ended 30 September 2010, an increase of 1%, compared to $27.13bn for the comparable period in 2009.

McKesson posted a net income of $327m for the second quarter 2010, or $1.25 per diluted share, compared to $301m, or $1.11 per diluted share, for the comparable period in 2009.

Operating income was $417m, compared to $467m for the comparable period in 2009.

For the six months ended 30 September 2010, McKesson posted a revenue of $54.98bn, compared to $53.79bn for the year ago period.

McKesson’s operating income was $891m for the six months ended 30 September 2010, compared to $926m for the year ago period.

The company has reported a net income of $625m, or $2.34 per diluted share, compared to $589m, or $2.17 per diluted share, for the year ago period.

McKesson chairman and CEO John Hammergren said that based on this quarter’s result of $1.03, for the full fiscal year ending 31 March 2011 they continue to expect that McKesson should earn between $4.72 and $4.92 per diluted share from continuing operations, excluding adjustments to the litigation reserves.