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

Earnings data Q4 2021

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Earnings data Q1 2025

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.

The headline numbers for Premier, Inc. (PINC) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, Premier, Inc. (PINC) Q4 Earnings: A Look at Key Metrics

Premier, Inc. (PINC) came out with quarterly earnings of $0.68 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.61 per share a year ago.

Premier, Inc. (PINC) Tops Q4 Earnings 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 fourth quarter and full year ended June 30, 2023. "I would like to express my gratitude to our employees for their hard work and ongoing commitment as we continue to serve our vital role as a trusted and embedded partner for our healthcare provider members and other customers as they navigate a very challenging mark.

Premier, Inc. Reports Fiscal-Year 2023 Fourth-Quarter and Full-Year Results

AUSTIN, Texas--(BUSINESS WIRE)--Zingaro, Fidler, Wolfe & Company awarded national group purchasing agreement for Executive Recruiting services with Premier, Inc.

Zingaro, Fidler, Wolfe & Company awarded Executive Recruiting 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 fourth quarter and full year on Tuesday, August 22, 2023, at approximately 6:30 a.m. ET. The company will also host a conference call at 8:00 a.m. ET 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. The webcast should be accessed 10 minutes.

Premier, Inc. to Report Fiscal 2023 Fourth-Quarter and Full-Year Results and Host Conference Call on August 22, 2023

Endo International PLC

Strategic effort aims to bring stable, quality supply to providers and enhanced pricing predictability for critical labor and delivery drug CHARLOTTE, N.C. and DUBLIN , July 17, 2023 /PRNewswire/ -- Endo International plc (OTC: ENDPQ) and Premier, Inc. (NASDAQ: PINC) announced today that Endo's Par Sterile Products business will supply Pitocin® (oxytocin injection, USP) vials through Premier's ProvideGx® and PremierProRx® programs.

Endo and Premier, Inc. Collaborate to Address Pitocin® (oxytocin injection, USP) Shortage

CHARLOTTE, N.C.--(BUSINESS WIRE)--The Premier Cares Award recognizes standalone community agencies and health organizations that are improving the lives of the medically underserved.

Premier, Inc. Honors Program that Helps Low-Income Seniors Age in Place with National Award and $100,000 Donation

CHARLOTTE, N.C.--(BUSINESS WIRE)--This transaction unlocks substantial value for Premier's stockholders and is an important step in the ongoing review of strategic alternatives.

Premier, Inc. to Divest Non-Healthcare GPO Operations for Approximately $800 Million in Cash

LAKE ZURICH, Ill.--(BUSINESS WIRE)-- #FreseniusKabi--Fresenius Kabi announced today it has been awarded a Breakthrough Technology group purchasing agreement with Premier, Inc. Effective May 1, 2023, the new agreement allows Premier members, at their discretion, to benefit from special pricing and terms pre-negotiated by Premier for the Ivenix Infusion System from Fresenius Kabi. “We deeply appreciate this vote of confidence in the Ivenix Infusion System and look forward to working with Premier members,” said Ch.

Fresenius Kabi Awarded Technology Breakthrough Agreement with Premier, Inc. for the Ivenix Infusion System

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. (NASDAQ: PINC) announced that its Board of Directors is evaluating potential strategic alternatives to enhance value for stockholders.

Premier, Inc. Evaluating Strategic Alternatives

While the top- and bottom-line numbers for Premier, Inc. (PINC) give a sense of how the business performed in the quarter ended March 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Premier, Inc. (PINC) Reports Q3 Earnings: What Key Metrics Have to Say

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

The healthcare systems operator published a fresh set of quarterly results. Unfortunately, it missed analyst estimates on both the top and bottom lines.

Why Premier Stock Cratered by Almost 20% Today

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.

News for Premier Stock (PINC)