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An update from Premier ( (PINC) ) is now available.
On February 4, 2025, Premier, Inc. announced its fiscal-year 2025 second-quarter financial results for the period ended December 31, 2024. The company reported a GAAP net loss from continuing operations of $45.8 million, influenced by a significant impairment charge. Despite this, Premier reaffirmed its midpoints for fiscal revenue and adjusted EBITDA guidance, and increased its adjusted earnings per share guidance. The results also highlight a $200 million share repurchase, underscoring the company’s commitment to returning capital to shareholders. The report reflects Premier’s ongoing strategic adjustments, including the divestiture of the S2S Global business and the continued inclusion of contributions from Contigo Health, amid challenges in its Performance Services segment.
More about Premier
Premier, Inc. is a technology-driven healthcare improvement company that focuses on enhancing healthcare operations through data and technology solutions. The company operates primarily in the healthcare industry, offering services that include supply chain management and performance services to healthcare providers.
YTD Price Performance: -10.58%
Average Trading Volume: 1,092,767
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $2.15B
For an in-depth examination of PINC stock, go to TipRanks’ Stock Analysis page.
