Premier Inc. Reports Fiscal 2018 Fourth-Quarter and Full-Year Results
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Premier (PINC) Tops Q4 EPS by 4c, Revenues Beat; Offers FY19 EPS/Revenue Guidance
August 21, 2018 6:59 AM EDTPremier (NASDAQ: PINC) reported Q4 EPS of $0.70, $0.04 better than the analyst estimate of $0.66. Revenue for the quarter came in at $434 million versus the consensus estimate of $411.89 million.
Q4 2018 Highlights:
Net revenue increased 8% to $434.0 million from the same period last year; Supply Chain Services segment revenue rose 10% to $339.2 million and Performance Services segment revenue increased 2% to $94.8 million.Net income rose 36% to $100.6 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 common unit ownership at... More