Premier, Inc. has released its financial results for the third quarter of fiscal-year 2025, reporting total net revenue of $261.4 million, a 9% decrease from the same period last year. However, this represents a 9% increase from the previous quarter of the same fiscal year. The company posted a GAAP net income from continuing operations of $27.6 million, or $0.32 per fully diluted share, marking a significant improvement compared to a net loss from continuing operations of $48.9 million in the prior-year period. Adjusted earnings per share $(EPS)$ excluding Contigo Health stood at $0.46, reflecting a 10% decrease from the previous year. Adjusted EBITDA was reported at $71.7 million, down 25% year-over-year but up 43% from the fiscal-year 2025 second quarter. Additionally, Premier, Inc. highlighted that its overall revenue and profitability exceeded expectations for the quarter, primarily driven by strong performance in its Supply Chain Services segment. As a result, the company has increased its adjusted EBITDA and adjusted EPS guidance while maintaining its guidance midpoint for total net revenue excluding Contigo Health. For the first nine months of fiscal-year 2025, Premier, Inc. reported net cash provided by operating activities from continuing operations of $307.8 million and free cash flow of $130.3 million.
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