Premier (PINC) Tops Q3 EPS by 1c

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Go back to Premier (PINC) Tops Q3 EPS by 1c

Premier Inc. Reports Fiscal 2018 Third-Quarter Results

May 7, 2018 4:02 PM EDT

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Premier Inc. (NASDAQ: PINC) today reported financial results for the fiscal 2018 third quarter ended March 31, 2018.

Q3 2018 Highlights:

Net revenue increased 12% to $425.3 million from the same period last year; Supply Chain Services segment revenue rose 16% to $330.7 million and Performance Services segment revenue was unchanged at $94.6 million. Net income rose 7% to $76.5 million from the same period a year ago. After non-cash adjustments to reflect the change in the redemption value of limited partners Class B... More