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Stock impact report

Premier Inc. Reports Fiscal 2018 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
CHARLOTTE, N.C.--(BUSINESS WIRE)-- Premier Inc. (NASDAQ: PINC) today reported financial results for the fiscal 2018 third quarter ended March 31, 2018. Q3 2018 Highlights: Net revenue increased 12% to $425.3 million from the same period last year; Supply Chain Services segment revenue rose 16% to $330.7 million and Performance Services segment revenue was unchanged at $94.6 million. Net income rose 7% to $76.5 million from the same period a year ago. After non-cash adjustments to reflect the change in the redemption value of limited partners’ Class B common unit ownership at the end of each period, diluted earnings per share reflected a loss of $1.93 compared with a loss of $1.60 the prior year. Non-GAAP adjusted EBITDA* of $142.2 million increased 4% from the same period last year. Non-GAAP adjusted fully distributed Show less Read more
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