Premier

Premier, Inc. engages in the provision of healthcare improvement solutions. It operates through the Supply Chain Services and Performance Services segments. The Supply Chain Services segment includes healthcare group purchasing organization (GPO) programs in the United States, supply chain co-management, and direct sourcing activities. The Performance Services segment consists of informatics, collaborative, consulting services, direct-to-employer initiative, and insurance management services businesses. The company was founded on May 14, 2013 and is headquartered in Charlotte, NC.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q4 2022

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Earnings data Q1 2024

Earnings data Q2 2024

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Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Premier reports strong Q1 performance, addresses challenges and explores opportunities

Premier's Q1 2023 earnings call highlighted strong performance in the Performance Services and Supply Chain Services segments, demonstrating the company's commitment to leveraging technology and expanding its customer base. While facing challenges related to destocking trends and softening demand in certain areas, Premier has opportunities to explore new business models and address implications of GPO contracts. Overall, the company's progress in advancing its longer-term strategy and navigating market dynamics positions it for continued growth.

Premier meets Q2 expectations, focuses on growth and cost savings

Premier's Q2 performance was solid, with a focus on cost savings and revenue growth. Despite facing challenges from macroeconomic headwinds, the company remains proactive in managing expenses and adapting to market conditions. Opportunities for growth and efficiency improvements are being pursued to drive long-term success.

Premier reports mixed Q3 results, eyes growth amid industry challenges

Premier's Q3 performance showcased revenue growth in Performance Services but challenges in Supply Chain Services.
Management focused on strategic initiatives, including a new manufacturing facility and technology enablement.
Opportunities in industry trends and cost control through outsourced labor and fee share pressure discussions.
Adjusted EBITDA increase amidst lower revenue highlights operational efficiency and financial management strengths.

Premier (PINC) posts robust Q4 earnings, eyes growth opportunities

Premier (PINC) delivered strong financial results, focusing on technology-enabled healthcare solutions and strategic evaluations for growth.
While facing uncertainties in the healthcare landscape, the company remains committed to innovation and addressing market challenges proactively.
Opportunities lie in adjacent markets businesses, GPO fee share increases, and leveraging technology for supply chain solutions to drive revenue growth.

Premier (PINC) reports revenue growth and strategic divestment for growth

Premier (PINC) delivered a solid performance in Q1 2024, with revenue growth, strong employee recognition, and improved cash flow, positioning the company well for future success.
While facing challenges in certain segments and financial management, Premier's strategic focus on core healthcare operations, customer support, and innovation presents opportunities for growth and value creation.
With a clear outlook for fiscal 2024 and a proactive approach to leadership and technology, Premier is poised to capitalize on opportunities and address challenges effectively in the evolving healthcare landscape.

Premier reports mixed Q2 results, eyes strategic partnerships for growth

Premier's Q2 2024 performance saw a decline in revenue but met profitability expectations through active management. The company is recognized for diversity and well-equipped to address labor challenges with advanced technologies.
Challenges include aligning Performance Services revenue, transitioning ownership for Contigo, and managing growth rate expectations. Opportunities lie in strategic partnerships, technology utilization, and workforce diversity for enhanced value creation.
Premier's focus on organic growth, acquisitions, and innovative technologies positions it well for future growth and market differentiation. Decisions on partnerships and revenue streams will be critical for sustained success and competitive positioning.

Premier (PINC) reports robust Q3 results, eyes growth opportunities

Premier's Q3 call highlighted strong financial performance, ongoing renewal of business agreements, and a focus on supply chain and AI-driven improvements. Analyst inquiries touched on fee structures, client interest in AI capabilities, and growth drivers for Performance Services.

Premier exceeds expectations, announces leadership change, and guides fiscal 2025

Premier delivered strong financial results, secured key partnerships, and introduced innovative solutions, positioning the company for continued success.
While facing challenges in expenses and cash flow, Premier's strategic focus on growth and efficiency presents opportunities for future expansion.
Investors can expect sustained performance and profitability as Premier navigates cost management, pursues growth opportunities, and enhances shareholder value.
Anticipated fiscal 2025 guidance underscores Premier's commitment to growth, innovation, and financial prudence, setting a positive outlook for the company.

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Premier, Inc. engages in the provision of healthcare improvement solutions. It operates through the Supply Chain Services and Performance Services segments. The Supply Chain Services segment includes healthcare group purchasing organization programs in the United States, supply chain co-management, and direct sourcing activities. The Performance Services segment consists of informatics, collaborative, consulting services, direct-to-employer initiative, and insurance management services businesses. The company was founded on May 14, 2013 and is headquartered in Charlotte, NC.

Pacific Premier Bancorp

Pacific Premier Bancorp, Inc. (PPBI) CEO Steve Gardner on Q4 2021 Results - Earnings Call Transcript

CHARLOTTE, N.C.--(BUSINESS WIRE)--PINC AI™, the technology and services platform of Premier today launched INsights, a healthcare solution for the creation of customized analytics.

PINC AI™ Launches INsights, an Enhanced Technology Offering for Customized, On-Demand Healthcare Analytics

CHARLOTTE, N.C.--(BUSINESS WIRE)--Agreement for Third-Party Administrator Work Will Add 43,000 Health Plan Members to Contigo Health's BPO Platform

Premier Inc.'s Contigo Health Expands Provider-Sponsored Health Plan Offerings Through New Partnership With OhioHealthy

Illumina

MENLO PARK, Calif. & CHARLOTTE, N.C.--(BUSINESS WIRE)--GRAIL, LLC, announced a collaboration with Premier, Inc.'s PINC AI™ to support patient access to the Galleri® multi-cancer early detection blood test.

GRAIL and Premier's PINC AI™ Partner to Support Patient Access to Galleri® Multi-Cancer Early Detection Blood Test

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier,Inc. Announces Participation in J.P. Morgan Healthcare Conference and Date for Fiscal 2022 Second-Quarter Earnings Release

Premier, Inc. Announces Participation in J.P. Morgan Healthcare Conference and Date and Time for Fiscal 2022 Second-Quarter Earnings Release and Conference Call

CHARLOTTE, N.C.--(BUSINESS WIRE)--PINC AI™ Applied Sciences and Mölnlycke announced a clinical trial aimed at reducing hospital-acquired infections.

PINC AI™ Applied Sciences (PAS) and Mölnlycke Health Care AB Clinical Trial Aims to Reduce Hospital-Acquired Infections (HAIs)

Premier, Inc.'s (PINC) CEO Mike Alkire on Q1 2022 Results - Earnings Call Transcript

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. (NASDAQ: PINC) today reported financial results for the fiscal year 2022 first quarter ended September 30, 2021.

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

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. today announced that the company will host its 2021 Virtual Investor Day on Wednesday, November 17, 2021.

Premier, Inc. to Host Virtual Investor Day on November 17, 2021

CHARLOTTE, N.C.--(BUSINESS WIRE)--Pipeline Health System has selected Premier Inc. to drive operational excellence and margin improvement opportunities across its facilities nationwide

Pipeline Health System, LLC Partners with Premier Inc.

Premier, Inc. (PINC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Premier, Inc. (PINC) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

CHARLOTTE, N.C. & MILPITAS, Calif.--(BUSINESS WIRE)--Premier, Inc. and Resilinc announced a new collaboration to allow U.S. hospitals to quantify risk and help mitigate future supply chain disruptions.

Premier, Inc. and Resilinc Expand Partnership to Enhance Supply Chain Visibility and Sustainability

Pacific Premier Bancorp, Inc. (PPBI) CEO Steve Gardner on Q3 2021 Results - Earnings Call Transcript

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier Inc. released its inaugural sustainability report detailing companywide initiatives focused on ESG practices.

Premier Inc. Releases Inaugural Sustainability Report

HealthEquity

PINC vs. HQY: Which Stock Is the Better Value Option?

PINC vs. HQY: Which Stock Should Value Investors Buy Now?

Premier, Inc. (PINC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Premier, Inc. (PINC) Upgraded to Buy: Here's Why

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. to Report Fiscal 2022 First-Quarter Results and Host Conference Call on November 2, 2021

Premier, Inc. to Report Fiscal 2022 First-Quarter Results and Host Conference Call on November 2, 2021

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier Inc. announced that members of its management team are scheduled to participate in a fireside chat at the 2021 Cantor Healthcare Conference.

Premier Inc. to Participate in 2021 Cantor Virtual Global Healthcare Conference on September 30, 2021

CHARLOTTE, N.C.,--(BUSINESS WIRE)--Premier and 11 leading health systems invest in Exela Pharma Sciences to secure and support U.S.-based drug supply and manufacturing.

Premier Inc. and 11 Leading Health Systems Invest in Exela Pharma Sciences to Secure and Support U.S.- Based Drug Supply and Manufacturing

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. today announced it has decreased the size of its Board of Directors from 15 to 11 to further enhance the company's governance profile.

Premier Inc. Reduces Board Size and Further Enhances Corporate Governance Profile

Premier, Inc. (PINC) CEO Mike Alkire on Q4 2021 Results - Earnings Call Transcript

Premier Inc (NASDAQ: PINC) has reported Q4 revenue of $481.5 million, +40% Y/Y, exceeding the consensus of $447.82 million. Higher sales Supply Chain Services boosted the revenue growth by increasing 51% Y/Y to $258.4 million but lower than $371.2 million in Q3 FY21.

Investors Unmoved After Premier's Mixed Q4 Earnings

Premier, Inc. (PINC) delivered earnings and revenue surprises of -1.67% and 6.61%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Premier, Inc. (PINC) Q4 Earnings Lag Estimates

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. (NASDAQ: PINC) today reported financial results for the fiscal year 2021 fourth quarter and full year ended June 30, 2021 and issued its fiscal-year 2022 financial guidance. "We are pleased with our fourth quarter performance which reflects another quarter of solid execution," said Michael J. Alkire, Premier's president and CEO. "In addition, I am so proud of our employees who continue to work tirelessly to support each other, our members and othe

Premier, Inc. Reports Fiscal-Year 2021 Fourth-Quarter and Full-Year Results and Issues Fiscal-Year 2022 Guidance

CHARLOTTE, N.C.--(BUSINESS WIRE)--ChristianaCare has selected Premier's supply chain solutions to drive efficiencies, quality improvement and revenue enhancement across the system.

News for Premier Stock (PINC)