Premier Inc. has reported its financial results, highlighting a challenging period marked by a 45% decrease in adjusted net income to $35.7 million from $64.5 million in the previous year. The adjusted earnings per share $(EPS)$ also fell by 30% to $0.43 from $0.61 in the same period last year. The decrease in GAAP diluted EPS from continuing operations was notable, dropping to $0.22 from $0.57, attributed to increased operating expenses related to stock-based compensation and asset impairments. Adjusted EBITDA also saw significant declines, decreasing 34% to $68.9 million from $104.0 million in the prior-year period. Despite these challenges, Premier Inc. exceeded revenue and profitability expectations for the year, primarily due to better-than-anticipated results in its Supply Chain Services segment. The company also continued to return capital to shareholders through a quarterly cash dividend and a $200 million accelerated share repurchase program. Looking ahead, Premier Inc. provided guidance for fiscal-year 2026, projecting an effective income tax rate between 23% and 25%, with a cash income tax rate of less than 5%. The company anticipates free cash flow conversion to be 70% to 80% of adjusted EBITDA. Additionally, Premier has announced the divestiture of its S2S Global direct sourcing business as of October 1, 2024, with all results now reflecting continuing operations.