UPDATE: Premier (PINC) Tops Q2 EPS by 1c, Updates FY Guidance
(Updated - February 6, 2017 4:05 PM EST)
Premier (NASDAQ: PINC) reported Q2 EPS of $0.46, $0.01 better than the analyst estimate of $0.45. Revenue for the quarter came in at $358.5 million versus the consensus estimate of $374.57 million.
| Fiscal 2017 Financial Guidance (1) | ||||||
| Premier, Inc. adjusts full-year fiscal 2017 financial guidance, as follows: | ||||||
| Current* | Previous | |||||
| (In millions, except per share data) | FY 2017 | % YoY Increase | FY 2017 | |||
| Net Revenue: | ||||||
| Supply Chain Services segment | $1,129.0 - $1,180.0 | 36% - 42% | $1,149.0 - $1,200.0 | |||
| Performance Services segment | $355.0 - $375.0 | 7% - 13% | $355.0 - $375.0 | |||
| Total Net Revenue | $1,484.0 - $1,550.0 | 28% - 34% | $1,504.0 - $1,575.0 | |||
| Non-GAAP adjusted EBITDA | $493.0 - $521.0 | 12% - 18% | $493.0 - $521.0 | |||
| Non-GAAP adjusted fully distributed EPS | $1.80 - $1.93 | 13% - 21% | $1.80 - $1.93 | |||
(Street sees FY EPS of $1.87)
For earnings history and earnings-related data on Premier (PINC) click here.