Premier (PINC) Tops Q2 EPS by 2c, Updates Guidance

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Go back to Premier (PINC) Tops Q2 EPS by 2c, Updates Guidance

Premier, Inc. Reports Fiscal 2015 Second-Quarter Results

February 9, 2015 4:03 PM EST

CHARLOTTE, N.C., Feb. 9, 2015 (GLOBE NEWSWIRE) -- Premier, Inc. (Nasdaq: PINC) today reported financial results for the fiscal 2015 second quarter ended December 31, 2014.

Fiscal Second-Quarter Highlights:

Net revenue increased 19% to $249.4 million from the same period last year; Supply Chain Services segment revenue rose 19% and Performance Services segment revenue increased 20%. Adjusted EBITDA* increased 18% to $98.8 million from the same period last year. Adjusted fully distributed net income* increased 17% to $52.1 million, or 18% to $0.36 on a fully diluted per-share basis, from the same period a year ago. GAAP net income attributable to shareholders... More