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Premier
🇺🇸 NASDAQ:PINC
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•
Jun 30, 2020

Premier Q4 2020 Earnings Report

Premier's Q4 performance was consistent with expectations and demonstrated solid execution during the COVID-19 pandemic, though impacted by lower healthcare utilization and delayed decision-making.

Key Takeaways

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.

GAAP net revenue increased by 8% to $342.8 million.

Supply Chain Services segment revenue increased by 14% to $258.4 million.

Performance Services segment revenue decreased by 5% to $84.3 million.

GAAP net income was $55.4 million compared to $70.2 million a year ago.

Total Revenue
$343M
Previous year: $316M
+8.4%
EPS
$0.58
Previous year: $0.68
-14.7%
Adjusted EBITDA
$119M
Previous year: $140M
-14.6%
Gross Profit
$204M
Previous year: $218M
-6.2%
Cash and Equivalents
$99.3M
Previous year: $141M
-29.6%
Free Cash Flow
$67M
Previous year: $114M
-41.2%
Total Assets
$2.95B
Previous year: $2.62B
+12.4%

Premier

Premier

Premier Revenue by Segment

Forward Guidance

Due to the continued uncertainty caused by the Covid-19 pandemic, Premier is currently unable to accurately estimate the effect of the pandemic on its business in fiscal year 2021. Therefore, the company is not establishing fiscal 2021 annual guidance at this time.

Revenue & Expenses

Visualization of income flow from segment revenue to net income

Company Overview

Full financial data and analysis

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