Premier Earnings Reports

Premier, Inc. reported financial results for the fiscal-year 2025 second quarter ended December 31, 2024. The company reaffirmed the midpoints of its consolidated fiscal 2025 revenue and adjusted EBITDA guidance and increased adjusted earnings per share guidance.

Premier, Inc. reported financial results for the fiscal year 2025 first quarter ended September 30, 2024. The company's first quarter results slightly exceeded expectations for revenue and profitability. The company is reaffirming its previously released fiscal 2025 financial guidance ranges.

Premier, Inc. reported strong Q4 2024 results, with revenue and profitability exceeding expectations. Consolidated net revenue increased year-over-year, driven by growth in both Supply Chain Services and Performance Services segments. The company remains disciplined in its approach and is well-positioned to advance its strategy and return capital to stockholders.

Premier, Inc. reported a 6% increase in total net revenue for the third quarter of fiscal year 2024, driven by growth in both Supply Chain Services and Performance Services segments. However, the company experienced a GAAP net loss due to a $140.1 million impairment charge related to its Contigo Health business. Adjusted earnings per share remained flat compared to the prior-year period. The company reaffirmed its fiscal year 2024 financial guidance and executed a $400 million accelerated share repurchase transaction.

Premier, Inc. reported a 7% decrease in net revenue compared to the prior-year period, primarily due to a challenging revenue comparison for enterprise license agreements in the Performance Services segment and the impact of higher aggregate member fee share in the group purchasing business and continued market conditions in the direct sourcing business. The Board approved a new $1.0 billion share repurchase authorization.

Premier, Inc. reported a 2% increase in GAAP net revenue, driven by strong growth in the Performance Services segment, which was partially offset by a decline in direct sourcing products revenue. The company's profitability exceeded expectations due to active management in a challenging economic environment.

Premier, Inc. reported its fiscal year 2023 fourth-quarter results, revealing flat GAAP net revenue compared to the previous year. While net administrative fees and Performance Services segment revenue grew, a decline in direct sourcing products revenue partially offset these gains. GAAP net income decreased due to increased asset impairment, though this was partially mitigated by lower stock-based compensation and cost-saving measures.

Premier, Inc. reported a 7% decrease in net revenue, totaling $322.232 million for the third quarter of fiscal year 2023. However, net income increased by 24% to $48.649 million, and diluted EPS increased by 22% to $0.39. The decrease in revenue was primarily due to a decline in direct sourcing products revenue, while the increase in net income was mainly due to lower performance-related compensation expense.

Premier, Inc. reported a 5% decrease in net revenue compared to the prior year period, primarily due to the normalization of COVID-19 pandemic-driven demand and pricing for personal protective equipment (PPE) and other related supplies. The company is implementing cost-savings measures, including a workforce reduction, to mitigate the impact of these headwinds.

Premier, Inc. reported a 14% decrease in GAAP net revenue to $313.9 million compared to the prior year period, primarily due to the normalization of COVID-19 pandemic-driven demand and pricing for personal protective equipment. GAAP net income decreased 65% to $43.0 million, and GAAP diluted EPS decreased 63% to $0.36.

Premier, Inc. reported a 29% decrease in GAAP net revenue to $340.7 million, a 39% decrease in GAAP net income to $30.7 million, and a 38% decrease in GAAP diluted EPS to $0.25. However, adjusted EBITDA increased by 5% to $122.8 million, and adjusted EPS increased by 2% to $0.61.

Premier, Inc. reported a decrease in GAAP net revenue by 26% to $347.8 million compared to the same period last year. GAAP net income decreased by 24% to $39.1 million, and GAAP diluted EPS decreased by 18% to $0.32. The company is increasing its full-year adjusted earnings per share guidance to a range of $2.48 to $2.58.

Premier, Inc. reported a decrease in GAAP net revenue by 10% to $379.2 million compared to the previous year, but an increase in GAAP net income by 72% to $77.2 million. GAAP diluted earnings per share (EPS) increased 72% to $0.62. The company is increasing its total net revenue guidance range to $1.40 billion to $1.44 billion from a range of $1.32 billion to $1.43 billion.

Premier, Inc. reported a 5% increase in GAAP net revenue to $365.1 million for the fiscal year 2022 first quarter ended September 30, 2021. GAAP net income decreased 23% to $121.3 million, while GAAP diluted earnings per share (EPS) decreased 18% to $0.97. Adjusted EBITDA increased 10% to $121.7 million, and adjusted EPS increased 12% to $0.64.

Premier, Inc. reported a 40% increase in GAAP net revenue, reaching $481.5 million, driven by strong growth in both Supply Chain Services and Performance Services segments. While GAAP net income decreased slightly, adjusted net income and EPS showed modest increases. The company also issued fiscal year 2022 guidance, expecting continued growth.

Premier, Inc. reported a 40% increase in GAAP net revenue to $469.9 million compared to the previous year. However, GAAP net income decreased to $51.4 million from $73.2 million a year ago. The company raised its fiscal year 2021 guidance.

Premier, Inc. reported a 32% increase in GAAP net revenue, reaching $422.8 million, but a decrease in GAAP net income to $44.9 million. The company initiated fiscal 2021 financial guidance, expecting total net revenue to be in the range of $1.608 billion to $1.653 billion, adjusted EBITDA to be in the range of $445 million to $465 million, and adjusted EPS to be in the range of $2.26 to $2.39.

Premier, Inc. reported a 15% increase in GAAP net revenue to $346.9 million for the fiscal year 2021 first quarter. GAAP net income increased to $180.7 million, with diluted earnings per share of $1.42. Revenue growth was driven by Supply Chain Services and Performance Services segments.

Premier, Inc. reported an 8% increase in GAAP net revenue to $342.8 million for the fourth quarter of fiscal year 2020. Net income was $55.4 million, and adjusted fully distributed earnings per share decreased to $0.58.

Premier Inc. reported an 11% increase in GAAP net revenue to $334.8 million and a net income of $73.2 million. The company acquired Health Design Plus (HDP) to expand its Contigo Health direct-to-employer initiative.

Premier Inc. reported a 4% increase in GAAP net revenue to $319.6 million. GAAP net income was $91.6 million. Non-GAAP adjusted EBITDA increased 4% to $148.4 million, and non-GAAP adjusted fully distributed earnings per share increased 10% to $0.74.