Premier (PINC) Reports In-Line Q4 EPS, FY Revenue Guidance Tops Views
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Premier, Inc. Reports Fiscal 2015 Fourth-Quarter and Full-Year Results
August 24, 2015 4:10 PM EDTCHARLOTTE, N.C., Aug. 24, 2015 (GLOBE NEWSWIRE) -- Premier, Inc. (NASDAQ: PINC) today reported financial results for the fiscal 2015 fourth quarter and full fiscal year ended June 30, 2015. Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
Full-Year Highlights:
Net revenue of $1,007.0 million increased 16% from non-GAAP pro forma* results and 11% from GAAP net revenue for the prior year. Supply Chain Services segment revenue rose 16% from non-GAAP pro forma results and 9% from GAAP results a year ago. Performance Services segment revenue increased 16% from the prior year. Adjusted EBITDA* rose 12% to $393.2 million, and adjusted fully distributed net income increased 10% to $208.2 million, or... More