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PHA.H — Premier Health of America News Story

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Canada's Premier Health Q1 revenue falls

Overview

Canada Healthtech firm's Q1 revenue fell due to reduced volume in British Columbia

Adjusted EBITDA for Q1 was C$5K, down from C$0.7M last year

Outlook

Premier Health emphasizes cost reduction and operational efficiency

Result Drivers

BRITISH COLUMBIA DECLINE - Reduced service volumes in British Columbia due to health authorities' centralization initiative impacted revenue

SERVICE DISCONTINUATION - Co discontinued Per Diem and Transportation operations to focus on Travel Nurses

Company press release: ID:nGNX2gPRxG

Key Details

MetricBeat/MissActualConsensus Estimate
Q1 Net Income-C$2.5 mln
Q1 Adjusted EBITDAC$5,000
Analyst Coverage Wall Street's median 12-month price target for Premier Health of America Inc is C$0.20, about 900% above its February 20 closing price of C$0.02 For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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