Financial PerformancePremier reported a very solid quarter to kick off its fiscal 2025, well ahead of analyst and consensus estimates even excluding contribution from the Contigo Health business that is pending divestiture.
Shareholder ValueManagement is utilizing its solid free cash flow for share buybacks, with significant amounts completed in recent months, supporting EPS and offering upside potential given remaining authorization.
Strategic PartnershipsThe expanded partnership with Prestige should allow Premier to focus on its core GPO and enabling supply chain technology while enhancing the company's interest in a more diversified domestic manufacturer.