Premier (PINC) Tops Q1 EPS by 1c

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Go back to Premier (PINC) Tops Q1 EPS by 1c

Premier, Inc. Reports Fiscal 2015 First-Quarter Results

November 10, 2014 4:02 PM EST

CHARLOTTE, N.C., Nov. 10, 2014 (GLOBE NEWSWIRE) -- Premier, Inc. (Nasdaq: PINC) today reported financial results for the fiscal 2015 first quarter ended September 30, 2014.

Fiscal First-Quarter Highlights:

Net revenue of $229.3 million increased 15% from prior-year non-GAAP pro forma net revenue - Supply Chain Services segment revenue rose 16% over prior-year non-GAAP pro forma segment revenue and Performance Services segment revenue increased 11% over prior-year segment revenue. GAAP net revenue* for the same period a year ago was of $240.6 million. Adjusted EBITDA of $90.5 million increased 9% from prior-year non-GAAP pro forma adjusted EBITDA - Supply Chain... More