Premier

Premier, Inc. engages in the provision of healthcare improvement solutions. It operates through the Supply Chain Services and Performance Services segments. The Supply Chain Services segment includes healthcare group purchasing organization (GPO) programs in the United States, supply chain co-management, and direct sourcing activities. The Performance Services segment consists of informatics, collaborative, consulting services, direct-to-employer initiative, and insurance management services businesses. The company was founded on May 14, 2013 and is headquartered in Charlotte, NC.

Earnings data Q3 2021

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Earnings data Q2 2025

Premier reports strong Q1 performance, addresses challenges and explores opportunities

Premier's Q1 2023 earnings call highlighted strong performance in the Performance Services and Supply Chain Services segments, demonstrating the company's commitment to leveraging technology and expanding its customer base. While facing challenges related to destocking trends and softening demand in certain areas, Premier has opportunities to explore new business models and address implications of GPO contracts. Overall, the company's progress in advancing its longer-term strategy and navigating market dynamics positions it for continued growth.

Premier meets Q2 expectations, focuses on growth and cost savings

Premier's Q2 performance was solid, with a focus on cost savings and revenue growth. Despite facing challenges from macroeconomic headwinds, the company remains proactive in managing expenses and adapting to market conditions. Opportunities for growth and efficiency improvements are being pursued to drive long-term success.

Premier reports mixed Q3 results, eyes growth amid industry challenges

Premier's Q3 performance showcased revenue growth in Performance Services but challenges in Supply Chain Services.
Management focused on strategic initiatives, including a new manufacturing facility and technology enablement.
Opportunities in industry trends and cost control through outsourced labor and fee share pressure discussions.
Adjusted EBITDA increase amidst lower revenue highlights operational efficiency and financial management strengths.

Premier (PINC) posts robust Q4 earnings, eyes growth opportunities

Premier (PINC) delivered strong financial results, focusing on technology-enabled healthcare solutions and strategic evaluations for growth.
While facing uncertainties in the healthcare landscape, the company remains committed to innovation and addressing market challenges proactively.
Opportunities lie in adjacent markets businesses, GPO fee share increases, and leveraging technology for supply chain solutions to drive revenue growth.

Premier (PINC) reports revenue growth and strategic divestment for growth

Premier (PINC) delivered a solid performance in Q1 2024, with revenue growth, strong employee recognition, and improved cash flow, positioning the company well for future success.
While facing challenges in certain segments and financial management, Premier's strategic focus on core healthcare operations, customer support, and innovation presents opportunities for growth and value creation.
With a clear outlook for fiscal 2024 and a proactive approach to leadership and technology, Premier is poised to capitalize on opportunities and address challenges effectively in the evolving healthcare landscape.

Premier reports mixed Q2 results, eyes strategic partnerships for growth

Premier's Q2 2024 performance saw a decline in revenue but met profitability expectations through active management. The company is recognized for diversity and well-equipped to address labor challenges with advanced technologies.
Challenges include aligning Performance Services revenue, transitioning ownership for Contigo, and managing growth rate expectations. Opportunities lie in strategic partnerships, technology utilization, and workforce diversity for enhanced value creation.
Premier's focus on organic growth, acquisitions, and innovative technologies positions it well for future growth and market differentiation. Decisions on partnerships and revenue streams will be critical for sustained success and competitive positioning.

Premier (PINC) reports robust Q3 results, eyes growth opportunities

Premier's Q3 call highlighted strong financial performance, ongoing renewal of business agreements, and a focus on supply chain and AI-driven improvements. Analyst inquiries touched on fee structures, client interest in AI capabilities, and growth drivers for Performance Services.

Premier exceeds expectations, announces leadership change, and guides fiscal 2025

Premier delivered strong financial results, secured key partnerships, and introduced innovative solutions, positioning the company for continued success.
While facing challenges in expenses and cash flow, Premier's strategic focus on growth and efficiency presents opportunities for future expansion.
Investors can expect sustained performance and profitability as Premier navigates cost management, pursues growth opportunities, and enhances shareholder value.
Anticipated fiscal 2025 guidance underscores Premier's commitment to growth, innovation, and financial prudence, setting a positive outlook for the company.

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Premier, Inc. engages in the provision of healthcare improvement solutions. It operates through the Supply Chain Services and Performance Services segments. The Supply Chain Services segment includes healthcare group purchasing organization programs in the United States, supply chain co-management, and direct sourcing activities. The Performance Services segment consists of informatics, collaborative, consulting services, direct-to-employer initiative, and insurance management services businesses. The company was founded on May 14, 2013 and is headquartered in Charlotte, NC.

LOS ANGELES--(BUSINESS WIRE)---- $PINC #PINC--The Schall Law Firm Announces it is Investigating Claims Against Premier, Inc. and Encourages Investors with Losses to Contact the Firm.

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Premier, Inc. and Encourages Investors with Losses to Contact the Firm

Premier, Inc. (NASDAQ:PINC ) Q3 2023 Earnings Conference Call May 2, 2023 8:00 AM ET Company Participants Angie McCabe - Vice President of Investor Relations Mike Alkire - President and Chief Executive Officer Craig McKasson - Chief Administrative and Financial Officer Conference Call Participants Kevin Caliendo - UBS Securities Michael Cherny - Bank of America Tiffany Yuan - Barclays Eric Coldwell - Baird Richard Close - Canaccord Genuity Jessica Tassan - Piper Sandler Jack Wallace - Guggenheim Securities A.J. Rice - Credit Suisse Dolph Warburton - Nephron Research Stephanie Davis - SVB Securities Operator Good morning and welcome to Premier's Fiscal 2023 Third Quarter Earnings Conference Call.

Premier, Inc. (PINC) Q3 2023 Earnings Call Transcript

Premier, Inc. (PINC) came out with quarterly earnings of $0.58 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.57 per share a year ago.

Premier, Inc. (PINC) Q3 Earnings Match Estimates

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. (NASDAQ: PINC), a leading technology-driven healthcare improvement company, today reported financial results for the fiscal year 2023 third quarter ended March 31, 2023 and provided updates to its fiscal 2023 guidance. "We continue to make progress in advancing our longer-term strategy while supporting our members and other customers in a challenging and uncertain environment. During the fiscal 2023 third quarter, our group purchasing organization.

Premier, Inc. Reports Fiscal-Year 2023 Third-Quarter Results

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. (NASDAQ: PINC) today announced that it will release financial results for its fiscal 2023 third quarter on Tuesday, May 2, at approximately 6:30 a.m. EST. The company will also host a conference call at 8:00 a.m. EST to discuss its financial results. The live webcast and replay will be available in the Investor Relations section of the company's website at Events & Presentations.

Premier, Inc. to Report Fiscal 2023 Third-Quarter Results and Host Conference Call on May 2, 2023

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. (NASDAQ: PINC), a leading healthcare improvement and technology company, has been recognized by Ethisphere®, a global leader in defining and advancing the standards of ethical business practices, as one of the 2023 World's Most Ethical Companies®.

Premier, Inc. Named One of the 2023 World's Most Ethical Companies® by Ethisphere® for 16th Consecutive Year

General Mills

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The investment thesis is definitely there for Premier but the valuation seems a little too high right now until the company further proves itself. The earnings report was mixed with the top line decreasing and the bottom line increasing.

Premier, Inc. Looks Very Interesting

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. (NASDAQ: PINC), a leading technology-driven healthcare improvement company, today announced that members of its management team will participate in a fireside chat at the Barclays Global Healthcare Conference on Tuesday, March 14, 2023 at 11:15 a.m. ET. A link to the live audio webcast, as well as a replay of this event, will be available on the company's website at Events and Presentations. About Premier, Inc. Premier, Inc.

Premier Inc. to Participate in Barclays Global Healthcare Conference on March 14, 2023

Premier saw downside at the top-line with pressures from Remitra, divisional growth. It is embarking on cost-restructuring for efficiencies and cost-savings to reappropriate capital.

Premier: Cost Restructuring Key To Driving Value

Will Provide Premier Members with a Robust, Co-branded Offering of Acute Care Peripheral IV Catheters, Featuring Slide and Push-Button Activations with Blood Control Options CHARLOTTE, N.C. , Feb. 23, 2023 /PRNewswire/ -- MedSource Labs (Chanhassen, MN) has been awarded a group purchasing agreement for Peripheral Intravenous Catheters (PIVC) Solutions with Premier's AscenDrive™ program, which is designed to drive the highest-level commitment and savings for members through aggregated purchasing of high-quality products and services.

MedSource Labs Awarded Peripheral Intravenous Catheter (PIVC) Agreement with Premier, Inc.

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier Inc. acquired the 100 Top Hospitals® program. The program will be integrated within PINC AI™, Premier's technology and services brand.

Premier Inc. Acquires 100 Top Hospitals® Program

Premier, Inc. (NASDAQ:PINC ) Q2 2023 Earnings Conference Call February 7, 2023 8:00 AM ET Company Participants Angie McCabe - Vice President of Investor Relations Mike Alkire - President & Chief Executive Officer Craig McKasson - Chief Administrative & Financial Officer Conference Call Participants Eric Percher - Nephron Research Michael Cherny - Bank of America Stephanie Davis - SVB Securities Jessica Tassan - Piper Sandler Richard Close - Canaccord Genuity Eric Coldwell - Baird Jack Wallace - Guggenheim Kevin Caliendo - UBS Operator Good morning and welcome to Premier's Fiscal 2023 Second Quarter Earnings Conference Call. All participants will be in listen-only mode.

Premier, Inc. (PINC) Q2 2023 Earnings Call Transcript

Premier, Inc. (PINC) delivered earnings and revenue surprises of 7.46% and 0.35%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Premier, Inc. (PINC) Q2 Earnings and Revenues Surpass Estimates

Premier, Inc. Reports Fiscal-Year 2023 Second-Quarter Results

Premier, Inc. (PINC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Premier, Inc. (PINC) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

COLUMBIA, S.C. , Jan. 30, 2023 /PRNewswire/ -- Ritedose, a 503B outsourcing facility located in South Carolina, has been awarded a group purchasing agreement with Premier Inc., a leading healthcare improvement company operating one of the nation's largest group purchasing organizations (GPOs).

Ritedose Awarded 503B Compounded Medications Agreement with Premier, Inc.

CHARLOTTE, N.C.--( BUSINESS WIRE )--Premier, Inc. (NASDAQ: PINC) today announced that it will release financial results for its fiscal 2023 second quarter on Tuesday, February 7, at approximately 6:30 a.m. EST. The company will also host a conference call at 8:00 a.m. EST to discuss its financial results.

Premier, Inc. to Report Fiscal 2023 Second-Quarter Results and Host Conference Call on February 7, 2023

CHARLOTTE, N.C.--( BUSINESS WIRE )--Premier Inc. (NASDAQ: PINC), a leading technology-driven healthcare improvement company, today announced that members of its management team will participate in the 41st Annual J.P. Morgan Healthcare Conference on Tuesday, Jan. 10, 2023. The company's formal presentation will begin at 11:15 a.m. PST (2:15 p.m. EST) and will include a question-and-answer session with the host analyst immediately following the conclusion of its presentation.

Premier Inc. to Participate in 41st Annual J.P. Morgan Healthcare Conference on January 10, 2023

Premier, Inc. total revenue of $313.9mm came in 14% lower YoY on adjusted EBITDA of $104.1mm, down 10%. In that vein, the adjacent markets business was the standout in the performance services division, securing a 40% YoY growth.

Premier: Makes Sense At 8.75% Trailing FCF Yield, EPS Upsides

Quest Diagnostics

SECAUCUS, N.J. , Dec. 1, 2022  /PRNewswire/ -- Quest Diagnostics (NYSE:DGX), the nation's leading provider of diagnostic information services, has been awarded a group purchasing agreement for its laboratory stewardship solution with Premier Inc. (NASDAQ: PINC), a leading healthcare improvement company uniting an alliance of hospitals, health systems and providers.

Quest Diagnostics Awarded Laboratory Stewardship Platform and Services Agreement with Premier, Inc.

CHARLOTTE, N.C.--( BUSINESS WIRE )--Premier, Inc. (NASDAQ: PINC), a leading technology-driven healthcare improvement company, announced today that members of its management team are scheduled to participate in a fireside chat at the Piper Sandler 34th Annual Healthcare Conference on November 30, 2022, at 8:30 a.m. ET.

Premier, Inc. to Participate in Piper Sandler 34th Annual Healthcare Conference on November 30, 2022

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JÄRFÄLLA, SE / ACCESSWIRE / November 15, 2022 / Perimed AB LAS VEGAS - NOVEMBER 15, 2022 - Perimed Inc has been awarded a group purchasing agreement with Premier Inc effective September 1st, 2022. The new agreement allows Premier members, at their discretion, to take advantage of special pricing and terms pre-negotiated by Premier for the PeriFlux 6000 and its disposables.

News for Premier Stock (PINC)