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Stock impact report

Premier, Inc. Reports Fiscal-Year 2024 Third-Quarter Results

Premier, Inc. - Class A (PINC) 
Last premier, inc. - class a earnings: 2/4 07:00 am Check Earnings Report
Company Research Source: Business Wire
Reaffirming fiscal 2024 financial guidance rangesExecuted $400 million accelerated share repurchase transaction CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. (NASDAQ: PINC), a leading technology-driven healthcare improvement company, today reported financial results for the fiscal-year 2024 third quarter ended March 31, 2024.Third-quarter results:Total net revenue of $342.6 million; growth of 6% over the prior-year periodGAAP net loss of $49.2 million, or $(0.36) per fully diluted share, which includes a $140.1 million goodwill, intangible and other long-lived assets impairment related to the company's Contigo Health businessAdjusted earnings per share* of $0.55; flat compared to the prior-year period"Our third quarter results, which exceeded our expectations for profitability, reflect ongoing adoption of our products and services by members and other customers,” said Michael J. Alkire, Premier’s President and CEO. “Consolidated net revenue increased from the prior-year period dr Show less Read more
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