Premier (PINC) Tops Q3 EPS by 2c, Raises FY Revenue Guidance

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Go back to Premier (PINC) Tops Q3 EPS by 2c, Raises FY Revenue Guidance

Premier, Inc. Reports Fiscal 2015 Third-Quarter Results

May 11, 2015 4:04 PM EDT

CHARLOTTE, N.C., May 11, 2015 (GLOBE NEWSWIRE) -- Premier, Inc. (Nasdaq: PINC) today reported financial results for the fiscal 2015 third quarter ended March 31, 2015.

Fiscal Third-Quarter Highlights:

Net revenue increased 16% to $261.7 million from the same period last year; Supply Chain Services segment revenue rose 15% and Performance Services segment revenue increased 19%.   Adjusted EBITDA* increased 14% to $103.7 million from the same period last year.   Adjusted fully distributed net income* increased 13% to $55.3 million, or $0.38 on a fully diluted per-share basis, from the same period a year ago. GAAP net income attributable to shareholders was $12.2... More