Premier reports Q1 adjusted EPS 54c, consensus 51c

Reports Q1 revenue $318.75M, consensus $320.22M. “Our Q1 results reflect continued progress in advancing our strategy to technology-enable better, smarter healthcare as we continue to innovate with our members and other customers,” said Michael Alkire, CEO. “We performed better than anticipated in terms of profitability as we continued to actively manage our businesses in a challenging macroeconomic environment. Year over year consolidated net revenue growth was driven by strong growth in our Performance Services segment.”