Welcome to our dedicated page for Premier news (Ticker: PINC), a resource for investors and traders seeking the latest updates and insights on Premier stock.
Premier Inc (PINC) delivers innovative healthcare solutions through supply chain management and data-driven performance optimization. This news hub provides investors and industry professionals with timely updates on the company's strategic initiatives, financial developments, and operational milestones.
Access verified press releases covering earnings reports, technology partnerships, and healthcare system collaborations. Our curated collection includes updates on cost-reduction strategies, clinical analytics advancements, and regulatory compliance matters relevant to both institutional and individual stakeholders.
Key content areas include financial disclosures, supply chain innovations, and healthcare technology deployments. Bookmark this page for streamlined tracking of PINC's market position and alliance network developments within the evolving healthcare landscape.
Premier, Inc. (NASDAQ: PINC) reported fiscal Q4 2022 results, with net revenue falling 29% to $340.7 million, driven by a 40% decline in Supply Chain Services revenue. However, Performance Services segment revenue rose 18% to $108 million. The company's net income dropped 39% to $30.7 million, while adjusted EPS increased 2% to $0.61. Premier's adjacent market businesses grew 30%, and it generated $444.2 million in cash flow from operations. For fiscal 2023, Premier expects continued growth, particularly in its non-acute group purchasing business.
Premier, Inc. (NASDAQ: PINC) announced a 5% increase in its quarterly cash dividend to $0.21 per share of Class A common stock. This dividend is payable on September 15, 2022, to stockholders of record as of September 1, 2022. Such action reflects the company's commitment to returning value to its shareholders while continuing its focus on healthcare improvements across its vast alliance of over 4,400 U.S. hospitals and approximately 225,000 providers.
Premier, Inc. (NASDAQ: PINC) is set to announce its fiscal 2022 fourth quarter and full year financial results on August 16, 2022, at 6:30 a.m. ET. A conference call will follow at 8:00 a.m. ET to discuss these results. Investors can access the live webcast on the company's website and a replay will be available for one year. Premier operates as a healthcare improvement company, connecting over 4,400 U.S. hospitals and health systems to enhance care delivery and reduce costs.
Premier Inc. (NASDAQ: PINC), a technology-driven healthcare improvement company, will participate in a fireside chat at the BofA Securities 2022 Healthcare Conference on May 10, 2022, at 9:20 a.m. PT (12:20 p.m. ET). A live audio webcast and replay will be accessible on the company's website. Premier Inc. unites over 4,400 U.S. hospitals and around 225,000 other providers, leveraging data and analytics to enhance care delivery and reduce costs. For more details, visit www.premierinc.com.
Premier, Inc. (NASDAQ: PINC) reported Q3 fiscal 2022 results, with net revenue down 26% to $347.8 million, significantly impacted by a 32% drop in Supply Chain Services revenue. Net income fell 24% to $39.1 million and diluted EPS decreased 18% to $0.32. Adjusted EBITDA decreased 7% to $112.2 million. Despite these declines, the company raised its adjusted EPS guidance to $2.48 - $2.58. Premier repurchased 6.4 million shares for $250 million and paid around $72.9 million in dividends. The board declared a $0.20 quarterly dividend payable on June 15, 2022.
Premier, Inc. (NASDAQ: PINC) has declared a quarterly cash dividend of
Premier, Inc. (NASDAQ: PINC) will release its fiscal 2022 third quarter financial results on May 3, 2022, at approximately 6:30 a.m. ET. A conference call will follow at 8:00 a.m. ET to discuss these results. Interested parties can access the live webcast in the Investor Relations section of Premier's website, along with a replay available for one year. The company is a leading healthcare improvement entity, collaborating with over 4,400 U.S. hospitals and health systems to enhance care at lower costs.
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