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PINC News and Press, Premier Inc. From 06/14/23

Stock Information

Company Name: Premier Inc.
Stock Symbol: PINC
Market: NASDAQ
Website: premierinc.com

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PINC - Premier to divest non-healthcare group purchasing organization operations for ~$800M

2023-06-14 17:23:47 ET Premier ( NASDAQ: PINC ) on Wednesday said it would divest its non-healthcare group purchasing organization (GPO) operations for about $800M in cash to OMNIA Partners. Class A shares of PINC were up 1.3% to $26.19 after hours. The deal was unanim...

PINC - Premier, Inc. to Divest Non-Healthcare GPO Operations for Approximately $800 Million in Cash

Enables Company to Focus on Driving Growth in Core Healthcare Businesses Unlocks Significant Stockholder Value as Part of Ongoing Evaluation of Strategic Alternatives Premier, Inc. (NASDAQ: PINC) (“Premier” or the “Company”), a leading technology-enab...

PINC - Premier: Second Guidance Downgrade Is Telling

2023-05-26 01:24:05 ET Summary Another guidance downgrade is a key risk that must be factored into the debate. Economic earnings tightening, even with a lighter capital base, implying profitability headwinds going forward. Downgrades in both core business segments are telling ...

PINC - Premier Inc. evaluating strategic alternatives, including sale

2023-05-08 16:42:36 ET Premier Inc. ( NASDAQ: PINC ) said it's evaluating its strategic alternatives, including a sale of all of all or part of the healthcare services company. Premier shares were halted for news pending. The board established an special committee composed of ...

PINC - Premier, Inc. Evaluating Strategic Alternatives

Premier, Inc. (NASDAQ: PINC), a leading technology-driven healthcare improvement company, today announced that its Board of Directors is evaluating potential strategic alternatives to enhance value for stockholders. The Board has established an Independent Special Committee composed of independen...

PINC - Why Premier Stock Cratered by Almost 20% Today

2023-05-02 18:42:39 ET Healthcare efficiency specialist Premier (NASDAQ: PINC) was looking decidedly unhealthy as far as its stock performance was concerned on Tuesday. After the company dropped its latest set of quarterly results, a great many investors sold their shares, leaving t...

PINC - Premier, Inc. (PINC) Q3 2023 Earnings Call Transcript

2023-05-02 12:36:04 ET Premier, Inc. (PINC) Q3 2023 Earnings Conference Call May 02, 2023, 08:00 AM ET Company Participants Angie McCabe - Vice President of Investor Relations Mike Alkire - President and Chief Executive Officer Craig McKasson - Chief Administrati...

PINC - Premier slips 14% after another cut to guidance

2023-05-02 10:00:29 ET Shares of group purchasing organization, Premier, Inc. ( NASDAQ: PINC ) shed ~14% in the morning hours Tuesday after slashing its outlook with its quarterly results for the second time this year, prompting Raymond James to downgrade the stock. Premier ...

PINC - Premier Non-GAAP EPS of $0.58 in-line, revenue of $322.23M misses by $31.07M

2023-05-02 06:36:29 ET Premier press release ( NASDAQ: PINC ): Q3 Non-GAAP EPS of $0.58 in-line. Revenue of $322.23M (-7.4% Y/Y) misses by $31.07M . Fiscal 2023 Guidance Lowering Supply Chain Services segment net revenue to a range of $895 million to ...

PINC - Premier, Inc. Reports Fiscal-Year 2023 Third-Quarter Results

Updates Fiscal-Year 2023 Guidance Premier, Inc. (NASDAQ: PINC), a leading technology-driven healthcare improvement company, today reported financial results for the fiscal year 2023 third quarter ended March 31, 2023 and provided updates to its fiscal 2023 guidance. "We continue to ...

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