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Fly News Breaks for August 22, 2019
PINC
Aug 22, 2019 | 14:36 EDT
Piper Jaffray analyst Sean Wieland said he was disappointed to see Premier miss his estimates, and the consensus estimates, for both revenue and adjusted EBITDA in Q4. Additionally, the company's FY20 guidance implies that revenue growth rates will decline in both of its segments for a fourth consecutive year, said Wieland. He keeps a Neutral rating on Premier shares.