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Hill-Rom Holdings Keeps Its Growth Streak Alive

TheMotleyFool

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Hill-Rom Holdings Keeps Its Growth Streak AlivePhoto, wide shot, wide-angle lens, Clinical research organization, sunset photo at golden hour, photo by Peter Lik: https://img.midjourneyapi.xyz/temp/02f7778c-d723-4fb3-bdef-fabb7e5fc9c8.png

Hill-Rom Holdings (NYSE: HRC), a supplier of medical equipment, reported its fiscal third-quarter 2019 results on Friday.

Hill-Rom's year-over-year numbers continue to be distorted by the adoption of a new accounting standard called ASC 606. When you adjust for those effects, the numbers looked pretty good. Revenue continues to grow, and a mid-single-digit rate and the bottom line expanded at a double-digit pace for the 16th quarter in a row.

Data source: Hill-Rom.

Quelle Fool.com

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