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Wellgistics Health Launches EinsteinRx as the Premier AI Prescription Management Hub Solution to Integrate Physical and Technology Healthcare Infrastructure
Accessnewswire· 2025-11-12 12:40
Core Insights - Wellgistics Health, Inc. has launched EinsteinRx, a prescription management solution that integrates physical and technology infrastructure for the prescription drug industry [1] - The integration of EinsteinRx with Wellgistics Hub and HubRx AI aims to optimize healthcare delivery in the $634 billion U.S. prescription drug market [1] - The solution facilitates a seamless flow of information among physicians, pharmacies, and manufacturers, enhancing the overall prescription fulfillment process [1] Company Overview - Wellgistics is positioned as a leader in integrating physical and technology healthcare infrastructure specifically for prescription drugs [1] - The company operates a network that includes in-house pharmacies and over 6,500 independent pharmacies [1] Technology Integration - EinsteinRx allows for customizable integration of various data types, including drug manufacturing data, insurance information, patient data, and nutritional recommendations [1] - The technology aims to deliver optimal solutions for all key stakeholders involved in the prescription drug process [1]
CoinDesk and SALT Partner to Establish the World's Premier Institutional Crypto Gathering
Prnewswire· 2025-11-12 01:00
Core Insights - The Consensus x SALT Hong Kong Institutional Summit is scheduled for February 10, 2026, aiming to unite leading asset managers and capital allocators in the crypto economy [1][2][3] - The partnership between CoinDesk and SALT seeks to create a premier institutional gathering, focusing on the APAC region and emphasizing high-level engagement [3][4] - The inaugural Consensus Hong Kong event in 2025 attracted nearly 10,000 attendees from 102 countries, representing over $4 trillion in combined assets under management (AUM) [5] Event Details - The summit will feature a proprietary meeting app, one-on-one meetings, expert-led roundtables, and keynotes from influential leaders in the crypto space [3] - The event will operate under the Chatham House Rule to facilitate open discussions among participants [3] Industry Context - Anthony Scaramucci, Founder and Chairman of SALT, highlighted the growing interest of institutional investors in digital assets following significant regulatory advancements [4] - Michael Lau, Chairman of Consensus, emphasized the importance of institutional participation in the digital asset narrative and the need for a gathering of major decision-makers [4] Economic Impact - The 2025 Consensus Hong Kong event generated an estimated economic impact of HK$275 million for Hong Kong [5]
AlphaTON Capital to Acquire Premier Crypto Newswire Blockchain Wire, Cementing Dominance in Digital Asset Communications via the Telegram Ecosystem
Globenewswire· 2025-11-05 11:19
Core Insights - AlphaTON Capital Corp is set to acquire Blockchain Wire, enhancing its position in the digital asset sector by integrating Blockchain Wire's distribution network into its ecosystem [1][3] - The acquisition aims to launch the first verifiable newswire service on The Open Network (TON), utilizing blockchain technology for cryptographic verification and traceability of press releases [4][5] Company Overview - AlphaTON Capital focuses on disruptive technologies and manages a strategic reserve of TON tokens, providing institutional-grade exposure to the TON ecosystem and Telegram's user base [8] - The company is led by CEO Brittany Kaiser and has a comprehensive M&A and treasury strategy that includes token acquisition and strategic investments [8] Blockchain Wire Highlights - Blockchain Wire has achieved over 100% CAGR growth since 2023 and serves more than 4,000 clients, ensuring rapid and reliable news delivery across various media outlets [3][10] - The leadership team of Blockchain Wire consists of founders from Globe Newswire and MarketWire, bringing extensive experience in press distribution to the digital asset space [6] Strategic Implications - The acquisition is expected to close in Q1 2026, with Blockchain Wire operating as a wholly-owned subsidiary of AlphaTON Capital, which will enhance the credibility and reach of both companies [7][5] - The integration of Blockchain Wire's technology aims to standardize and professionalize news delivery in the digital economy, fostering institutional trust through verified communications [5][4]
Premier(PINC) - 2026 Q1 - Quarterly Results
2025-11-04 21:31
Financial Performance - Total net revenue for Q1 FY2026 was $240.0 million, a decrease of 3% from $248.1 million in the prior-year period[2][8] - Net income from continuing operations was $15.3 million, or $0.21 per share, down 79% from $72.9 million, or $0.72 per share, in the prior-year period[2][9][10] - Adjusted EBITDA for Q1 FY2026 was $55.0 million, a decrease of 12% from $62.4 million in the prior-year period[2][11] - Performance Services segment net revenue decreased by 9% to $87.9 million, primarily due to lower license revenue[17] - Supply Chain Services segment net revenue was approximately flat at $152.1 million compared to $151.4 million in the prior-year period[13] - Adjusted EPS for Q1 FY2026 was $0.30, down 12% from $0.34 in the prior-year period[6][12] - Operating income decreased to $24,884,000 for the three months ended September 30, 2025, down from $35,315,000 in the prior year, representing a decline of approximately 29%[49] - Net income attributable to stockholders for the three months ended September 30, 2025, was $17,579,000, compared to $70,784,000 in the same period of 2024, reflecting a decrease of about 75%[49] - Basic earnings per share from continuing operations was $0.21 for the three months ended September 30, 2025, down from $0.72 in the prior year, a decline of approximately 71%[49] - Net income from continuing operations for Q3 2025 was $15,287, a decrease of 78.9% compared to $72,940 in Q3 2024[58] - Free cash flow for Q3 2025 was $(14,022), down from $16,170 in Q3 2024, indicating a significant decline in cash generation[55] - Adjusted EBITDA for Q3 2025 was $54,950, a decrease of 12.0% from $62,428 in Q3 2024[58] - Net revenue for Q3 2025 was $240,004, down 3.4% from $248,142 in Q3 2024[66] - Basic earnings per share attributable to stockholders for Q3 2025 was $0.21, down from $0.71 in Q3 2024[63] Cash and Liquidity - Cash and cash equivalents as of September 30, 2025, were $43.4 million, down from $83.7 million as of June 30, 2025[18] - Net cash provided by operating activities decreased to $15.9 million from $80.0 million in the prior-year period[19] - Cash and cash equivalents decreased significantly to $43,380,000 as of September 30, 2025, from $83,725,000 as of June 30, 2025, a decline of approximately 48%[51] - The company reported a net cash provided by operating activities from continuing operations of $15,930, down 80.1% from $80,043 in Q3 2024[55] - The company made cash payments of $10,448 to OMNIA for the sale of future revenues in Q3 2025, compared to $20,949 in Q3 2024[55] - The company reported a net decrease in cash and cash equivalents of $40,345 in Q3 2025, compared to a decrease of $38,190 in Q3 2024[53] Assets and Liabilities - Total assets decreased to $3,051,371,000 as of September 30, 2025, from $3,097,074,000 as of June 30, 2025, a reduction of about 1.5%[51] - Total liabilities decreased to $1,523,098,000 as of September 30, 2025, from $1,566,497,000 as of June 30, 2025, a reduction of about 2.8%[51] Corporate Actions and Guidance - The company has suspended the declaration and distribution of common stock dividends due to a pending acquisition by Patient Square Capital[24] - Premier is withdrawing previously issued fiscal-year 2026 guidance due to the pending acquisition[7] - The pending acquisition of Premier by Patient Square Capital is subject to regulatory approvals and other conditions, which may affect future operations and financial results[44] - The company expects to wind down the remaining components of the Contigo Health business by December 31, 2025, which may impact future financial performance[42] - Adjusted net income and adjusted EBITDA measures excluding Contigo Health are provided for better understanding of operating performance[42] Impairment and Other Expenses - The company incurred impairment of assets amounting to $1,758 in Q3 2025, with no such expense reported in Q3 2024[58]
Premier (PINC) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-11-04 16:30
Core Viewpoint - Premier, Inc. reported a decline in revenue and earnings for the quarter ended September 2025, indicating potential challenges in financial performance despite some positive surprises against estimates [1][2]. Financial Performance Summary - Revenue for the quarter was $240 million, down 3.3% year-over-year, but exceeded the Zacks Consensus Estimate of $239.23 million by +0.32% [1]. - Earnings per share (EPS) were $0.30, a decrease from $0.34 in the same quarter last year, but surpassed the consensus estimate of $0.28 by +7.14% [1]. - The stock has returned +1.2% over the past month, underperforming the Zacks S&P 500 composite's +2.1% change [3]. Key Metrics Overview - Net Revenue from Supply Chain Services - Software licenses and other services was $19.68 million, slightly below the average estimate of $19.75 million [4]. - Net Revenue from Performance Services was $87.92 million, down 9.1% year-over-year, and below the average estimate of $89.51 million [4]. - Total Net Revenue from Supply Chain Services was $152.09 million, exceeding the average estimate of $149.72 million with a year-over-year change of +0.5% [4]. - Net administrative fees from Supply Chain Services were $132.4 million, slightly above the average estimate of $129.97 million, with a year-over-year change of -0.2% [4]. - Adjusted EBITDA for Performance Services was $10.62 million, below the average estimate of $15.01 million [4]. - Adjusted EBITDA for Supply Chain Services was $76.17 million, exceeding the average estimate of $72.28 million [4].
VIDEO - CEO Clips Valkea Resources: Exploring Gold in Finland's Premier Mining District
Newsfile· 2025-11-04 16:00
Core Insights - Valkea Resources has completed a drill program in Finland's Central Lapland Greenstone Belt, adjacent to Agnico Eagle's Kittilä Mine and near Rupert Resources' Ikkari project, with assay results pending [1] - The project is located in a tier-one jurisdiction known for excellent infrastructure and a clear permitting path, indicating a favorable environment for mining operations [1] Company Overview - Valkea Resources is listed on TSXV under the ticker OZ and on OTCQB as OZBKF, focusing on gold exploration in a premier mining district [1] - The company aims to advance its highly prospective project in one of the world's leading gold belts, highlighting its strategic positioning in the mining sector [1]
Premier(PINC) - 2026 Q1 - Quarterly Report
2025-11-04 13:58
Financial Performance - Net revenue for the three months ended September 30, 2025, was $240,004, a decrease of 3.4% from $248,142 in the same period of 2024[19]. - Gross profit for the same period was $170,597, down from $180,418, reflecting a decrease of 5.4%[19]. - Operating income decreased significantly to $24,884, compared to $35,315 in the prior year, representing a decline of 29.5%[19]. - Net income from continuing operations was $15,287, a decrease of 79.0% from $72,940 in the previous year[19]. - Basic earnings per share attributable to stockholders was $0.21, down from $0.71, indicating a decline of 70.4%[19]. - Total operating expenses for the quarter were $145,713, slightly up from $145,103, indicating a marginal increase of 0.4%[19]. - The company reported a comprehensive income attributable to stockholders of $17,554, down from $70,805, a decline of 75.2%[19]. - Segment Adjusted EBITDA for Supply Chain Services was $76.174 million, down 1.7% from $77.511 million in the prior year[116]. - Performance Services segment reported a Segment Adjusted EBITDA of $10.622 million, a decline of 29.0% from $14.949 million in the same quarter of 2024[116]. Assets and Liabilities - Total assets decreased from $3,097,074 thousand as of June 30, 2025, to $3,051,371 thousand as of September 30, 2025, representing a decline of approximately 1.5%[17]. - Cash and cash equivalents decreased significantly from $83,725 thousand to $43,380 thousand, a reduction of about 48%[17]. - Accounts receivable decreased from $99,092 thousand to $87,460 thousand, reflecting a decline of approximately 11.7%[17]. - Total current liabilities decreased from $910,633 thousand to $854,769 thousand, a decrease of about 6.1%[17]. - Stockholders' equity slightly decreased from $1,530,577 thousand to $1,528,273 thousand, a marginal decline of approximately 0.1%[17]. - The Company’s total investments in unconsolidated affiliates amounted to $259.261 million as of September 30, 2025, down from $262.621 million on June 30, 2025, reflecting a net loss of $3.358 million during the quarter[52]. - The net carrying value of intangible assets decreased from $250.770 million on June 30, 2025, to $237.694 million on September 30, 2025[75]. - The Company had no long-term debt as of September 30, 2025, with a total current portion of debt and notes payable of $280 million[79]. Cash Flow and Investments - Cash and cash equivalents at the end of the period were $43,380, down from $86,956, reflecting a decrease of 50.1%[24]. - Net cash provided by operating activities was $15,858, a decrease of 76.6% from $67,647 in the same period last year[24]. - The Company recognized $12.2 million in revenue during the three months ended September 30, 2025, from performance obligations satisfied from the opening balance of deferred revenue[65]. - As of September 30, 2025, the aggregate amount of the transaction price allocated to remaining performance obligations was $796.8 million, with an expectation to recognize approximately 38% over the next twelve months[70]. - The Company’s earn-out liabilities decreased from $7.706 million on June 30, 2025, to $6.900 million on September 30, 2025, due to adjustments related to the IllumiCare acquisition[61]. - The Company had $280.0 million in outstanding borrowings under the Credit Facility as of September 30, 2025, with $715.0 million of available borrowing capacity[81]. Mergers and Acquisitions - The Company announced a definitive agreement to be acquired by Patient Square Capital for $28.25 per share in cash, totaling approximately $1.1 billion based on outstanding shares[31]. - The acquisition of IllumiCare, Inc. was completed for a preliminary adjusted purchase price of $46.7 million, with $39.8 million paid in cash on hand[37]. - The IllumiCare acquisition includes potential additional earn-out payments of up to $15.0 million over three years based on performance goals[37]. - The divestiture of the direct sourcing business resulted in a loss of $53.0 million, with the fair value of the equity received in Prestige valued at $24.9 million[38]. - The Merger Agreement is subject to customary closing conditions, including majority shareholder approval and regulatory clearances[32]. - The Company will pay a termination fee of $66.2 million if the Merger Agreement is terminated under specified circumstances[35]. - Parent will pay a termination fee of $168.6 million if the Company terminates the Merger Agreement due to Parent's uncured breach[36]. Operational Risks and Strategies - The company reported a significant reliance on administrative fees from suppliers, which is critical for maintaining and adding new group purchasing organization (GPO) members[10]. - The company is facing risks related to the proposed merger with an affiliate of Patient Square Capital, including potential delays in regulatory approvals and market disruptions[10]. - The company’s ability to maintain third-party provider alliances is crucial for its operational strategy and market position[10]. - The company is focusing on integrating artificial intelligence into its products, which poses both opportunities and risks due to the evolving technology landscape[10]. - The company is exposed to financial and operational risks associated with non-controlling investments in early-stage companies, which could impact future performance[10]. Shareholder Returns and Compliance - The Company repurchased approximately 19.9 million shares of Common Stock under the 2024 ASR Agreement at an average price of $20.12 per share[91]. - The Company paid cash dividends of $0.21 per share on outstanding shares of Common Stock on September 15, 2025[96]. - Income tax expense on continuing operations for the three months ended September 30, 2025, was $1.7 million, reflecting an effective tax rate of 10%[105]. - Stock-based compensation expense for the three months ended September 30, 2025, was $8.165 million, with a net expense of $6.596 million after tax benefits[104]. - The Company was in compliance with all covenants under the Credit Facility as of September 30, 2025[80]. Lease Obligations - As of September 30, 2025, total future minimum lease payments amount to $59.628 million, with operating lease liabilities totaling $46.989 million[108]. - Future lease payments for 2026 are projected at $6.337 million, with a total of $26.473 million due thereafter[108]. Legal and Regulatory Matters - The company is not currently involved in any material litigation that could adversely affect its business[110]. - The company operates through two segments: Supply Chain Services and Performance Services, with the former including GPO and supply chain solutions[113].
Xiao-I Corporation Renews Strategic Partnership with Premier Multinational Insurer to Elevate Customer Experience with AI-Powered Conversational Platform
Prnewswire· 2025-10-31 13:45
Core Insights - Xiao-I Corporation has renewed its strategic partnership with a leading multinational life insurance provider, focusing on the deployment of its iBot Pro platform, which enhances customer service in the insurance sector [1][2]. Company Overview - Xiao-I Corporation is a prominent cognitive intelligence enterprise in China, specializing in artificial intelligence solutions, including natural language processing, voice and image recognition, and machine learning [3]. Partnership Details - The renewal of the partnership emphasizes the effectiveness of iBot Pro in providing intelligent, scalable, and personalized customer service while ensuring compliance with industry regulations [1][2]. - iBot Pro facilitates seamless support across various customer touchpoints, including web portals, mobile apps, and social messaging platforms [1]. Technological Advancements - The iBot Pro platform offers 24/7 intelligent customer engagement, significantly reducing waiting times and enhancing customer satisfaction [5]. - It provides unified omnichannel support, ensuring a consistent service experience across digital platforms [5]. - High-accuracy intent recognition through advanced natural language processing allows for precise routing of complex insurance-related queries [5]. - The platform enhances operational efficiency by automating routine inquiries, enabling human agents to focus on more complex tasks [5]. - Rapid deployment capabilities allow for quick updates to the platform based on new products or regulatory changes without heavy IT reliance [5].
Heineken® 0.0 signs global partnership with Premier Padel, marking its debut in the world's fastest-growing sport
Globenewswire· 2025-10-23 10:36
Core Insights - Heineken® 0.0 has announced a global partnership with Premier Padel, becoming the Global Beer Partner for the leading professional padel tour, marking its entry into the rapidly growing sport of padel [1][6] Company Overview - Heineken® 0.0 aims to enhance quality socializing through its partnership with Premier Padel, aligning with the sport's vibrant social community and appeal to wellness seekers [2][6] - The brand is committed to creating engaging experiences that connect players and fans, emphasizing the importance of in-person interactions and balanced lifestyles [3][4] Industry Context - Premier Padel has seen significant growth, featuring 24 tournaments across 16 countries in 2025, including its first tournament in the US, and plans to expand into Asia in 2026 [3][7] - The sport has attracted over 600 players from 29 countries, highlighting its role as a platform for international growth and diversity [3][7]
Strategic Partnership of Pumphouse Residential Group, WeldenField Development, and SPM Acquires Premier Student Housing Portfolio at University of Georgia and Louisiana State University
Prnewswire· 2025-10-21 13:30
Core Insights - A strategic partnership has been formed between Pumphouse Residential Group, WeldenField Development, and SPM to acquire a premium student housing portfolio consisting of two properties near the University of Georgia and Louisiana State University, totaling 444 units and 1,188 beds [1][3][4] Company Overview - Pumphouse Residential Group focuses on acquiring and repositioning student housing assets in strong markets, leveraging over 30 years of combined experience in the sector [9] - WeldenField specializes in property management and multifamily acquisition, with a diverse range of development projects across the nation [10] - SPM, founded in 1977, is a leader in integrated multifamily management, operating over 200 communities across 13 states, and emphasizes a data-driven, resident-centric approach [11] Property Details - The Lodge of Athens features 240 units and 480 beds, located 0.8 miles from UGA, with amenities including a gated community, upgraded clubhouse, and 95% occupancy [5] - Wildwood Baton Rouge consists of 204 units and 708 beds, situated 1.4 miles from LSU, offering resort-style amenities and maintaining a 98% occupancy rate [6] Operational Expertise - SPM's specialized student housing team has over 65 years of collective experience and has managed over $6 billion in student housing operations across 100+ markets [7][8] - The partnership aims to leverage SPM's operational management expertise to enhance property value and resident satisfaction [8]