Premier Inc. Reports Fiscal 2019 Third-Quarter Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/17/2026
- Wall St mixed as Middle East tensions eclipse tech strength
- L3Harris CEO steps down amid conduct review, shares drop
- Reddit leads social media platforms in revenue growth per user
- H.C. Wainwright Reiterates Buy Rating on Soluna (SLNH)
- Northland Upgrades Astera Labs (ALAB) to Outperform, 'Right Time, Customers, and Products'
Premier, Inc. (PINC) PT Raised to $42 at Cowen
May 7, 2019 3:54 PM EDTCowen analyst Charles Rhyee raised the price target on Premier, Inc. (NASDAQ: PINC) to $42.00 (from $41.00) while maintaining a Market Perform rating.
Q3 mixed but incrementally more positive on longer-term outlook.... MorePremier (PINC) Tops Q3 EPS by 1c, Revenues Miss; Offers FY19 EPS/Revenue Guidance
May 7, 2019 7:08 AM EDTPremier (NASDAQ: PINC) reported Q3 EPS of $0.66, $0.01 better than the analyst estimate of $0.65. Revenue for the quarter came in at $422.9 million versus the consensus estimate of $433.25 million.
Q3 2019 Highlights:
GAAP net revenue was $422.9 million, compared with $425.3 million a year ago; Supply Chain Services segment revenue was $330.2 million, compared with $330.7 million a year ago; and Performance Services segment revenue was $92.6 million, compared with $94.6 million a year ago.GAAP net income was $73.8 million, compared with $76.5 million a year ago, and diluted net income was $0.48 per share, compared with a loss of $1.93 per... More