Premier reports Q2 adjusted EPS 27c, consensus 30c

Reports Q2 revenue $240.3M, consensus $243.21M. “Our overall revenue and profitability for the first half of FY25 were in line with our expectations resulting from better than expected results in our Supply Chain Services segment,” said Michael Alkire, CEO. “Importantly, we are reaffirming the midpoints of our consolidated FY25 revenue and adjusted EBITDA guidance, despite challenges in our Performance Services segment. We are also increasing our adjusted earnings per share guidance to reflect the favorable impact of the additional $200M share repurchase completed in early January, consistent with our commitment to returning capital to stockholders.”