Premier Inc ( (PINC) ) has released its Q3 earnings. Here is a breakdown of the information Premier Inc presented to its investors.
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Premier, Inc. is a technology-driven healthcare improvement company that provides solutions to healthcare providers across the United States. It leverages data and analytics, collaboratives, supply chain solutions, and consulting services to enhance healthcare delivery and outcomes.
Premier, Inc. reported its fiscal-year 2025 third-quarter financial results, highlighting a total net revenue of $261.4 million, which marks a 9% decrease from the previous year but a 9% increase from the previous quarter. The company also reported a GAAP net income of $27.6 million, or $0.32 per share, recovering from a net loss in the prior-year period.
Key financial metrics include an adjusted EBITDA of $71.7 million, which decreased by 25% year-over-year but increased by 43% from the previous quarter. The adjusted earnings per share stood at $0.44, showing a 10% decline from the prior year but a 76% increase from the previous quarter. The company also highlighted a significant increase in net cash provided by operating activities, reaching $307.8 million for the first nine months of fiscal-year 2025.
Despite the challenges, Premier, Inc. is optimistic about its future, as evidenced by the increase in adjusted EBITDA and EPS guidance. The company remains committed to its strategic initiatives, including the ongoing transition and wind-down of its Contigo Health business, and continues to return capital to shareholders through share repurchases.
Looking ahead, Premier, Inc. is focused on maintaining its growth trajectory by leveraging its supply chain services and performance services segments. The company aims to enhance its financial performance while navigating the evolving healthcare landscape.