Premier (PINC) Misses Q3 EPS by 5c, Revenues Beat; Offers FY20 EPS/Revenue Guidance
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Premier Inc. Reports Fiscal 2020 Third-Quarter Results
May 5, 2020 7:00 AM EDTCHARLOTTE, N.C.--(BUSINESS WIRE)-- Premier Inc. (NASDAQ: PINC) today reported financial results for the fiscal 2020 third quarter ended March 31, 2020.
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.
Q3 2020 Highlights:
GAAP net revenue increased 11% to $334.8 million from $301.2 million a year ago; Supply Chain Services segment revenue increased 14% to $238.6 million from $208.6 million a year ago; and Performance Services segment revenue increased 4% to $96.2 million from $92.6 million a year... More