INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Premier, Inc. - PINC

NEW YORK, Feb. 11, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Premier, Inc. ("Premier" or the "Company") (NASDAQ: PINC). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Premier and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

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On February 4, 2025, Premier issued a press release "report[ing] financial results for the fiscal-year 2025 second quarter ended December 31, 2024." Among other items, Premier reported revenue of $240.3 million, representing a decline of 3.2% year over year and missing consensus estimates by $2.91 million. The Company also reported a GAAP net loss from continuing operations of $45.8 million, or $0.60 per fully diluted share, which includes a $126.8 million impairment charge to goodwill related to Premier's data and technology business in the Performance Services segment. 

On this news, Premier's stock price fell $3.29 per share, or 14.69%, to close at $19.11 per share on February 4, 2025.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

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CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

SOURCE Pomerantz LLP