Premier (PINC) Tops Q2 EPS by 6c
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Premier Inc. Reports Fiscal 2020 Second-Quarter Results
February 4, 2020 7:00 AM ESTCHARLOTTE, N.C.--(BUSINESS WIRE)-- Premier Inc. (NASDAQ: PINC) today reported financial results for the fiscal 2020 second quarter ended Dec. 31, 2019.
All results presented in this press release reflect continuing operations following completion of the sale and exit of the Specialty Pharmacy business on June 7, 2019.
Q2 2020 Highlights:
GAAP net revenue increased 4% to $319.6 million from $307.6 million a year ago; Supply Chain Services segment revenue increased 9% to $232.6 million from $212.7 million a year ago; and Performance Services segment revenue decreased 8% to $87.0 million from $94.9 million a year... More