Item 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

On May 1, 2020, Hill-Rom Holdings, Inc. (the "Corporation") announced its earnings for the second quarter ended March 31, 2020. Please see the press release furnished as Exhibit 99.1 to this Current Report on Form 8-K, which is incorporated herein by reference (the "Press Release").

In the Press Release, the Corporation uses various non-GAAP measures, including adjusted gross margin, operating margin, income before taxes, income tax expense and diluted earnings per share results, because it uses these measures internally for planning, forecasting and evaluating the performance of the business. In addition, the Corporation analyzes net revenue on a constant currency basis to better measure the comparability of results between periods. The Corporation believes that evaluating growth in net revenue on a constant currency basis provides an additional and meaningful assessment to both management and investors. These measures should not, however, be considered in isolation, as a substitute for, or as superior to measures of financial performance prepared in accordance with GAAP.

Item 9.01.FINANCIAL STATEMENTS AND EXHIBITS.



(d)Exhibits.
  99.1        Press Release of Hill-Rom Holdings, Inc. dated May 1, 2020
101           Cover Page Interactive Data File - the cover page XBRL tags are embedded within
              the Inline XBRL document.
104           The cover page from this Current Report on Form 8-K, formatted as Inline XBRL.



                                       3

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses