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Investor Susie Lisa , CFA Contact : Senior Vice President Investor Relations ( 401 ) 770-4050 ● Media T.J. Crawford Contact : Vice President FOR IMMEDIATE RELEASE ● Second Quarter Highlights : Total revenues increased to $ 72.6 billion , up 11.1 % compared to prior year GAAP diluted EPS of $ 2.10 and Adjusted EPS of $ 2.42 External Affairs ( 212 ) 457-0583 Year - to - date Highlights : Total revenues increased to $ 141.7 billion , up 7.3 % compared to prior year GAAP diluted EPS of $ 3.78 and Adjusted EPS of $ 4.46 Generated cash flow from operations of $ 8.7 billion Repaid $ 5.4 billion of long - term debt CVS HEALTH REPORTS STRONG SECOND QUARTER RESULTS RAISES 2021 FULL YEAR EPS AND CASH FLOW FROM OPERATIONS GUIDANCE Exhibit 99.1 2021 Full Year Guidance : Raised GAAP diluted EPS guidance range to $ 6.35 to $ 6.45 from $ 6.24 to $ 6.36 Raised Adjusted EPS guidance range to $ 7.70 to $ 7.80 from $ 7.56 to $ 7.68 Raised cash flow from operations guidance range to $ 12.5 billion to $ 13.0 billion from $ 12.0 billion to $ 12.5 billion WOONSOCKET , RHODE ISLAND , August 4 , 2021 - CVS Health Corporation ( NYSE : CVS ) today announced operating results for the three months ended June 30 , 2021 . 1 " We delivered another quarter of strong results and once again raised our outlook for the year , " said CVS Health President and CEO Karen S. Lynch . " This quarter was highlighted by broad sales and earnings outperformance , as well as sequential operating margin improvement . We continue to play a critical role in helping America prevail against the pandemic while demonstrating the effectiveness of our unique business model , which is focused on meeting customer needs through innovations that make health care more local , affordable and connected . " The Company presents both GAAP and non - GAAP financial measures in this press release to assist in the comparison of the Company's past financial performance with its current financial performance . See " Non - GAAP Financial Information ” beginning on page 11 and endnotes beginning on page 21 for explanations of non - GAAP financial measures presented in this press release . See pages 12 , 13 and 20 for reconciliations of each non - GAAP financial measure used in this release to the most directly comparable GAAP financial measure .