India, May 6 -- Premier, Inc. (PINC), a technology-driven healthcare improvement company, Tuesday reported a profit for the third quarter compared with a loss last year, primarily because the year-ago period had charges toward goodwill, intangibles and other long-lived asset impairment related to its Contigo Health business. The company also raised its full-year adjusted EPS outlook. Premier shares were more than 4% up in pre-market.
Premier posted net income from continuing operations attributable to stockholders of $27.84 million, or $0.32 per share for the third quarter, compared with a loss of $39.89 million, or $0.36 per share, in the prior-year period.
Excluding one-time items, earnings decreased to $38.97 million or $0.44 per share...