Premier (PINC) Misses Q3 EPS by 1c, Increases EPS Guidance

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Go back to Premier (PINC) Misses Q3 EPS by 1c, Increases EPS Guidance

Premier, Inc. Reports Fiscal-Year 2022 Third-Quarter Results

May 3, 2022 6:30 AM EDT

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Premier, Inc. (NASDAQ: PINC), a leading technology-driven healthcare improvement company, today reported financial results for the fiscal year 2022 third quarter ended March 31, 2022.

"As we expected, our fiscal 2022 third quarter results reflect the continued normalization of our Supply Chain Service revenue toward a pre-COVID-19 pandemic level," said Michael J. Alkire, Premier's president and CEO. "Our Performance Services segment results were affected by the timing of revenue during the quarter. Notably, our core underlying businesses continued to deliver steady growth."

"Based on our performance... More