How Will Premier (PINC) Stock Be Affected By Its Earnings Report?

NEW YORK (TheStreet) -- Premier (PINC) reported first quarter revenue of $225.6 million, 16% higher than the same quarter last year, beating analysts revenue guidance of $219.1 million.

The healthcare alliance collaborator net income of $47.8 million, or 33 cents per share, beat analysts estimates by 1 cent.

The company also narrowed its full year revenue guidance to between $859 million and $869 million. Analysts are expecting full year 2014 revenue of $858 million.

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Shares are flat in after-hours trading on Monday.

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