Premier(PINC)

Search documents
Rakovina Therapeutics Unveils Preclinical Data at the AACR - World's Premier Cancer Research Forum
GlobeNewswire News Room· 2025-03-25 20:00
VANCOUVER, British Columbia, March 25, 2025 (GLOBE NEWSWIRE) -- Rakovina Therapeutics Inc. (TSX-V: RKV) (FSE: 7JO), a biopharmaceutical company advancing innovative cancer therapies through artificial intelligence (AI)-powered drug discovery, today announced that two of its abstracts have been accepted for presentation at the upcoming 2025 American Association for Cancer Research (AACR) Annual Meeting, taking place April 25–30 in Chicago, Illinois. The AACR Annual Meeting is widely considered the most prest ...
ONAR Agency Storia Lands Contract to Supercharge Premier Wellness Institution's Online Success
Prnewswire· 2025-03-25 12:30
LOS ANGELES, March 25, 2025 /PRNewswire/ -- Onar Holding Corporation (OTCQB:ONAR), a leading marketing technology company and network of marketing agencies, today announced the signing of a new client contract between their flagship digital marketing agency, Storia, and a renowned wellness institution located in New York City.Storia's Blueprint for Building a Digital OasisThis premier luxury relaxation center sought a partner to enhance its online presence and drive new customer revenue. Recognizing Storia' ...
All You Need to Know About Premier Foods (PRRFY) Rating Upgrade to Strong Buy
ZACKS· 2025-03-19 17:06
Premier Foods PLC. (PRRFY) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Since ...
After Plunging -7.95% in 4 Weeks, Here's Why the Trend Might Reverse for Premier (PINC)
ZACKS· 2025-03-05 15:36
Premier, Inc. (PINC) has been beaten down lately with too much selling pressure. While the stock has lost 8% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that me ...
Premier American Uranium Engages ICP Securities Inc. for Automated Market Making Services
GlobeNewswire News Room· 2025-03-03 21:30
Core Viewpoint - Premier American Uranium Inc. has engaged ICP Securities Inc. for automated market making services to enhance liquidity and manage share supply and demand [1][2]. Group 1: Company Overview - Premier American Uranium Inc. focuses on the consolidation, exploration, and development of uranium projects in the U.S., aiming to strengthen domestic energy security and support the transition to clean energy [4]. - The company holds extensive land in three key uranium-producing regions: the Grants Mineral Belt of New Mexico, the Great Divide Basin of Wyoming, and the Uravan Mineral Belt of Colorado [4]. - Premier American Uranium is backed by strong partnerships with institutional investors, including Sachem Cove Partners, IsoEnergy Ltd., and Mega Uranium Ltd. [5]. Group 2: Market Making Agreement - The agreement with ICP Securities Inc. is for an initial term of four months, starting March 1, 2025, with a monthly fee of C$7,500 plus applicable taxes [1]. - The market making activities will focus on correcting temporary imbalances in the supply and demand of the company's shares, with ICP responsible for its own costs [2]. - There are no performance factors or stock options included in the agreement, and ICP may acquire an interest in the company's securities in the future [1][2]. Group 3: ICP Securities Inc. Profile - ICP Securities Inc. is a Toronto-based CIRO dealer-member specializing in automated market making and liquidity provision, utilizing its proprietary algorithm, ICP Premium™ [3]. - Established in 2023, ICP focuses on enhancing market structure, execution, and trading to provide high-quality liquidity and execution services [3].
Premier Graphene Showcases Hemp Graphene for Military Use
Prism Media Wire· 2025-02-18 13:29
Core Insights - Premier Graphene Inc. introduces a hemp-derived graphene solution aimed at enhancing military protective gear and defense applications, focusing on durability, efficiency, and sustainability [4][10] - The company is collaborating with various military branches to develop next-generation protective equipment, leveraging a newly discovered quantum state in graphene that is expected to revolutionize quantum computing [4][5] - Premier Graphene is developing Graphene Tracking Capacity (GTC) technology for real-time soldier location monitoring, enhancing battlefield awareness [4][6] Military Applications - The eco-enhancing deep-green energy graphene improves military technology's performance while ensuring environmental sustainability [4][10] - Collaborations with HGI Industrial Technologies and Defense Atomics are central to the development of advanced military solutions, including protective attire with GTC [4][6][10] - The military applications are designed to provide unparalleled military intelligence, particularly in hostile or capture scenarios [4][6] Supply Chain and Production - Premier Graphene secures high-quality graphene through partnerships with ISATEK S.A. de C.V. for mining operations in Sonora, Mexico, and Santa Rosa Green Seeds for industrial hemp farming [4][8] - The vertically integrated supply chain allows for consistent quality and scalability, with the potential for 3-4 growth cycles of hemp per year [4][8] - The company emphasizes its commitment to sustainable practices, producing carbon-negative graphene through specialized industrial hemp [9][10] Strategic Partnerships - Premier Graphene's strategic partnerships with HGI Industrial Technologies, Defense Atomics, and others enhance its capabilities in graphene research and development [5][12] - The collaborations aim to accelerate investments in quantum technology research and develop new products utilizing the unique properties of the newly identified quantum state in graphene [12] - The company is positioned as a leader in advanced defense technology and sustainable materials through these partnerships [10]
Premier (PINC) Upgraded to Strong Buy: Here's What You Should Know
ZACKS· 2025-02-10 18:01
Core Viewpoint - Premier, Inc. (PINC) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on changes in earnings estimates, which are strongly correlated with near-term stock price movements [4][6]. - Institutional investors often rely on earnings estimates to determine the fair value of stocks, leading to buying or selling actions that affect stock prices [4]. Recent Performance and Outlook - For the fiscal year ending June 2025, Premier is expected to earn $1.30 per share, reflecting a decrease of 44.9% from the previous year [8]. - Over the past three months, the Zacks Consensus Estimate for Premier has increased by 3.2%, indicating a positive trend in earnings estimates [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - The upgrade of Premier to a Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, suggesting potential for higher stock prices in the near term [10].
Down -10.11% in 4 Weeks, Here's Why Premier (PINC) Looks Ripe for a Turnaround
ZACKS· 2025-02-10 15:36
Group 1 - The stock of Premier, Inc. (PINC) has experienced a downtrend, declining 10.1% over the past four weeks due to excessive selling pressure [1] - The stock is currently in oversold territory, indicated by an RSI reading of 25.46, suggesting a potential trend reversal [5] - Wall Street analysts have raised earnings estimates for PINC, with a 0.9% increase in the consensus EPS estimate over the last 30 days, which typically correlates with price appreciation [6] Group 2 - PINC holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, indicating strong potential for a turnaround [7]
Golden Triangle Ventures Announces Destino Ranch as the Premier Global Event Destination
GlobeNewswire News Room· 2025-02-07 13:30
Core Insights - Golden Triangle Ventures, Inc. (GTV) has announced the launch of Destino Ranch, a 70-acre entertainment venue designed to be a premier global event destination for various activities including concerts and festivals [1][12] - Destino Ranch aims to revolutionize event sponsorship and engagement through advanced technology, real-time language interpretation, and omnichannel digital distribution [1][2] Company Overview - GTV operates as a multifaceted consulting company focusing on ventures in health, entertainment, and technology sectors, emphasizing AI-powered consumer engagement and real-time language interpretation [5][6] - The company is pursuing a strategy of vertical integration to enhance margins and support its subsidiaries, aiming for long-term growth [7][9] Destino Ranch Features - Destino Ranch will integrate cutting-edge digital tools and AI-driven audience engagement to create a profit-generating ecosystem for sponsors, vendors, and talent [3][4] - The venue will provide real-time language support across over 90 languages, ensuring accessibility for a global audience [5][12] Business Model - GTV's business model includes acquiring and developing a diverse portfolio of companies, focusing on synergistic value across its operations [6][9] - The company is currently in discussions for multi-year partnerships with festival organizers and global corporations to enhance the offerings at Destino Ranch [4] Future Developments - GTV has secured nearly $6 million in upgrades for the Destino Ranch property, transforming it into a prime location for entertainment events [12] - The company plans to leverage its relationships and expertise to support the growth of its subsidiaries and enhance their market impact [8][10]
Premier(PINC) - 2025 Q2 - Quarterly Results
2025-02-05 12:01
Financial Performance - Total net revenue for Q2 FY2025 was $240.3 million, a decrease of 14% from $279.9 million in Q2 FY2024[9] - GAAP net loss from continuing operations was $45.8 million, a decline of 191% compared to a net income of $50.4 million in the prior-year period, primarily due to a $126.8 million impairment charge[10] - Adjusted EBITDA for Q2 FY2025 was $50.1 million, down 48% from $96.4 million in Q2 FY2024, mainly due to lower net administrative fees revenue[12] - Supply Chain Services segment net revenue decreased 11% to $148.7 million from $166.2 million in the prior-year period[14] - Performance Services segment net revenue fell 19% to $91.5 million from $113.6 million in the prior-year period, driven by lower demand in consulting[18] - Adjusted earnings per share (EPS) was $0.25, a decrease of 51% from $0.51 in the prior-year period[13] - Net revenue for the three months ended December 31, 2024, was $240.3 million, a decrease of 14.1% compared to $279.9 million for the same period in 2023[52] - Gross profit for the six months ended December 31, 2024, was $351.6 million, down 16.0% from $418.8 million in the prior year[52] - Operating loss for the three months ended December 31, 2024, was $(92.8) million, compared to an operating income of $62.9 million for the same period in 2023[52] - Net loss attributable to stockholders for the three months ended December 31, 2024, was $(96.0) million, compared to a net income of $54.3 million in the same period last year[52] - The company reported a basic loss per share attributable to stockholders of $(1.01) for the three months ended December 31, 2024, compared to earnings of $0.45 in the same period last year[52] Cash Flow and Liquidity - Net cash provided by operating activities from continuing operations was $193.7 million for the first six months of FY2025, significantly up from $15.5 million in the prior-year period[20] - Cash and cash equivalents as of December 31, 2024, were $85.9 million, down from $125.1 million as of June 30, 2024[19] - Free cash flow for the six months ended December 31, 2024, was $73.9 million, an increase from $40.7 million in the prior-year period[22] - Cash and cash equivalents at the end of the period decreased to $85.850 million in 2024 from $371.110 million in 2023, a decline of 76.9%[56] - The net cash used in financing activities was $(178.689) million in 2024, a significant decrease from the net cash provided of $294.982 million in 2023[56] Shareholder Returns - The company repurchased a total of 19.9 million shares of Common Stock for $400.0 million under an accelerated share repurchase transaction[23] - As of December 31, 2024, the company had repurchased an additional 9.2 million shares for $192.1 million in market transactions[24] - Aggregate dividends paid to holders of Common Stock during the first half of fiscal 2025 amounted to $42.4 million[25] - The Board declared a quarterly cash dividend of $0.21 per share, payable on March 15, 2025[25] Business Strategy and Outlook - The company reaffirmed guidance midpoints for total net revenue excluding Contigo Health at $940 million to $1.01 billion for FY2025[7] - The midpoint of adjusted EPS guidance was increased by $0.08 to a range of $1.26 to $1.34 for FY2025[7] - The company plans to divest a majority interest in the Contigo Health business, with ongoing contributions included in current financial results[45] - The company expects that the Contigo Health business will be moved into discontinued operations in fiscal 2025, impacting future financial guidance[48] - The company anticipates continued challenges in revenue growth and profitability due to market conditions and operational adjustments[51] Non-GAAP Measures - Adjusted EBITDA and free cash flow are used as indicators of operational strength and performance, excluding certain non-recurring and non-cash items[33] - The company’s non-GAAP financial measures are intended to provide a more complete understanding of factors and trends affecting its business[29] - Adjusted EBITDA for the six months ended December 31, 2024, was $112.518 million, down from $189.727 million in 2023, a decrease of 40.6%[62] - Adjusted net income for the three months ended December 31, 2024, was $23.8 million, compared to $60.7 million for the same period in 2023, representing a decline of 60.7%[64] - Adjusted earnings per share excluding Contigo Health for the three months ended December 31, 2024, was $0.27, down from $0.53 in the same period of 2023[67] - The company reported an adjusted EBITDA excluding Contigo Health of $116.7 million for the six months ended December 31, 2024, compared to $193.8 million in the same period of 2023, reflecting a decline of 39.8%[67]