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Premier Inc (PINC.OQ)

PINC.OQ on NASDAQ Stock Exchange Global Select Market

32.34USD
30 Sep 2016
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Latest Key Developments (Source: Significant Developments)

Premier Q4 adjusted non-GAAP EPS $0.36
Monday, 22 Aug 2016 04:01pm EDT 

Premier Inc. Reports Fiscal 2016 Fourth : Quarter and full-year results . Q4 earnings per share $0.30 . Q4 revenue $301.4 million versus I/B/E/S view $300.3 million . Q4 earnings per share view $0.38 -- Thomson Reuters I/B/E/S . Q4 adjusted non-GAAP earnings per share $0.36 . Sees FY capital expenditures of approximately $70 million . Sees FY net revenue $1,451.0 - $1,515.0 million . Sees FY 2017 non-gaap eps $1.71 - $1.82 .FY 2017 earnings per share view $1.80, revenue view $1.33 billion -- Thomson Reuters I/B/E/S.  Full Article

Merck, Premier Inc collaborate to improve care for osteoporosis patients
Thursday, 30 Jun 2016 09:28am EDT 

Merck & Co In : Merck And Premier Inc collaborate to prevent fractures for osteoporosis patients .Financial terms of agreements were not disclosed.  Full Article

Premier Inc says to buy specialty pharmacy business from Lincare Holdings
Tuesday, 7 Jun 2016 04:01pm EDT 

Premier Inc : $75 million acquisition includes Acro Pharmaceutical Services LLC and Community Pharmacy Services, LLC . Transaction is expected to be accretive to earnings in fiscal 2017 . Premier expects to fund transaction with available cash or borrowings under its existing credit facility .Premier Inc. to acquire specialty pharmacy business from Lincare Holdings.  Full Article

Premier Q3 adjusted earnings per share $0.44
Monday, 9 May 2016 04:03pm EDT 

Premier Inc : Updating fiscal 2016 full-year guidance . Reducing 2016 revenue guidance range for performance services, resulting in a lower mid-range estimate for consolidated revenue . Revised guidance projects 15% to 16% consolidated revenue growth for fiscal 2016 . Revised 2016 guidance projects 12% to 14% non-gaap adjusted EBITDA growth and 11% to 15% non-gaap adjusted fully distributed EPS growth . Expect to establish guidance for fiscal 2017 consistent with long-term plan to target double-digit growth . Premier Inc. Reports Fiscal 2016 Third-Quarter results . Q3 revenue $298.7 million versus i/b/e/s view $302.9 million . Q3 adjusted earnings per share $0.44 .Q3 earnings per share view $0.41 -- Thomson Reuters I/B/E/S.  Full Article

Premier awarded contract to support cormac corp in its work with centers for medicare & medicaid services on new payment, care delivery model
Thursday, 11 Feb 2016 08:48am EST 

Premier inc:Says has been awarded a contract to support the CORMAC Corporation in its work with the Centers for Medicare & Medicaid Services (CMS) on a new payment and care delivery model to improve care provided to cancer patients.  Full Article

Premier Inc prices public offering of common stock
Tuesday, 10 Nov 2015 09:15pm EST 

Premier Inc:Priced an underwritten public offering of 4,033,198 shares of Class A common stock at $34.50 per share on behalf of certain selling member-owner stockholders.BofA Merrill Lynch, J.P. Morgan and Wells Fargo Securities acted as joint book-running managers for the offering.  Full Article

Premier Inc launches public offering of common stock
Tuesday, 10 Nov 2015 04:05pm EST 

Premier Inc:Launched an underwritten public offering of 4,033,198 shares of Class A common stock.  Full Article

Premier Inc reaffirms FY 2016 guidance
Monday, 9 Nov 2015 04:05pm EST 

Premier Inc:Expects FY 2016 total net revenue to be in the range of $1.144.0 - $1.175.0 billion.Expects FY 2016 Non-GAAP adjusted EBITDA in the range of $425.0 - $444.0 mln.Expects FY 2016 Non-GAAP adjusted fully distributed EPS in the range of $1.54 - $1.62.FY 2016 revenue of $1.16 bln, EBITDA of $439.3 mln and EPS of $1.59 - Thomson Reuters I/B/E/S.  Full Article

Premier Inc raises FY 2016 revenue guidance; reaffirms earning guidance
Tuesday, 6 Oct 2015 08:30am EDT 

Premier Inc:Expects FY 2016 total net revenue to be in the range of $1,144.0 - $1,175.0 mln (previous range was $1,138.0 - $1,168.0 mln ).Expects FY 2016 Non-GAAP adjusted EBITDA in the range of $425.0 - $444.0 mln (previous range was $425.0 - $444.0 mln).Expects FY 2016 Non-GAAP adjusted fully distributed EPS in the range of $1.54 - $1.62(previous range was $1.54 - $1.62).FY 2016 revenue of $1,155.76 mln, EBITDA of $438.47 mln and EPS of $1.58 - Thomson Reuters I/B/E/S.  Full Article

Premier Inc acquires InflowHealth LLC
Thursday, 1 Oct 2015 04:49pm EDT 

Premier Inc:Acquires InflowHealth LLC.Says acquisition is not expected to have a material impact on premier's fiscal 2016 financial results.Says deal valued at $6 million.Says Inflowhealth business and its employees will become part of the company's performance service segment.Says selling owners also received restricted stock units of Premier with an aggregate equity grant value of $2.1 million.  Full Article

BRIEF-Merck, Premier Inc collaborate to improve care for osteoporosis patients

* Merck And Premier Inc collaborate to prevent fractures for osteoporosis patients