Hill-Rom Holdings, Inc. announced unaudited consolidated earnings results for the first quarter ended December 31, 2017. For the quarter, the company reported total revenue was $669.7 million against $637.4 million a year ago. Operating profit was $52.1 million against $56 million a year ago. Net income was $88.3 million against $23.5 million a year ago. Net income attributable to common shareholders was $88.3 million against $23.8 million a year ago. Diluted earnings per share were $1.31 against $0.36 a year ago. Net cash provided by operating activities was $93.1 million against $71 million a year ago. Capital expenditures and purchases of intangible assets was $27.3 million against $22.4 million a year ago.

For the fiscal second quarter 2018, the company expects revenue to increase approximately 4% on a reported basis, approximately 2% on a constant currency basis, and core revenue to increase approximately 2%. The company expects adjusted earnings, excluding special items, of $1.00 to $1.02 per diluted share.

For the full-year 2018, the company continues to expect revenue to increase 3% to 4% on a reported basis and approximately 2% to 3% on a constant currency basis. The company continues to expect core revenue to increase approximately 3%. Core revenue excludes foreign currency, divestitures, other non-strategic assets the company may exit, and Mortara revenue prior to the anniversary date of the acquisition. Based on its first quarter results and benefit related to the new U.S. tax reform legislation, the company now expects adjusted earnings, excluding special items, of $4.57 to $4.65 per diluted share and approximately $350 million in operating cash flow.