secwatch.observer — SEC 8-K summary
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Issuer:     Premier, Inc. (—)
CIK:        0001577916
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0001193125-24-134184
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Premier Q3 FY2024: Revenue $342.6M (+6% YoY), GAAP loss $(0.36)/share due to $140.1M impairment, reaffirms FY outlook
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- Total net revenue $342.6M (+6% YoY); Supply Chain Services $227.7M (+5%), Performance Services $115.0M (+9%).
- GAAP net loss $49.2M ($(0.36) diluted EPS) due to $140.1M impairment on Contigo Health business.
- Adjusted EPS $0.55, flat YoY; fiscal 2024 guidance reaffirmed.
- Executed $400M accelerated share repurchase, expected to fully settle by Q1 fiscal 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1577916/000119312524134184/0001193125-24-134184-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1577916/000119312524134184/d827328d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-134184

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