Thanks, Mike.
detail. a GAAP million through from segment Now revenue of the year-ago. Chain $XXX.X X% let's $XXX.X in second more financial walk million from million. From quarter Services Supply results $XXX.X standpoint, consolidated revenue second of increased quarter net a X% increased $XXX.X
and of businesses. suppliers Net high the contract driven site new programs compliance $XXX.X acute million, of our penetration, increased and X% from resulting across administrative portfolio and alternate contract both fees million care by our primarily addition ongoing partly revenue categories from $XXX.X
product million, of million U.S. $XX.X commodity $XX purchases. and Pro XX% increased increased revenue demand sales by categories, our continued growth aggregated Products in products last year, driven from foods member primarily for Premier
Performance to Turning Services segment. the
million million from revenue quarter $XX a second X% anticipated, year decreased As $XX.X earlier. of
and when with Performance segment year As reduced from to of Improvement we impacting with multiple Services were discussed, CMS conjunction recruitment revenue Network several factors Hospital engagements revenue engagements previously relative the our medical Innovation earlier consulting included academic underway contract fewer centers. in last
contracts. certain growth year-over-year support lower revenue, sciences technology decision timing was certain This new technology the experienced as contracts to the business. and Additionally, as largely in well business in our the related quarter, license partially applied of clinical by offset SaaS
Looking $XX.X to resulting due compared to in remeasurement was at deferred profitability, tax law, in last This North a benefits. quarter a income year. state related future the was primarily balances of GAAP $XXX.X million reduction Carolina's net income for tax the income tax million of change to
After GAAP of Class common in noncash $X.XX based increase redemption negative GAAP to partners the during price quarter, B adjustment million stock the the a required, share. reflect $XXX.X limited our per unit in loss net of increase we the on of value ownership reported second
$XXX in year-ago. million Services Consolidated revenue. growth for the The was EBITDA from non-GAAP of administrative adjusted non-GAAP perspective, million and EBITDA from year. driven $XXX million increase a quarter primarily million fees X% net adjusted of $XXX.X XX% a year-over-year last Chain $XXX.X Supply by with increased From compared segment products
of Services, employer technology the non-GAAP support that XX% high primarily discussed, network. associated factors was $XX.X a decision Contigo EBITDA ongoing our as $XX Performance direct as and in revenue our earlier. from year impacting Health, million value investment The same to with by decreased clinical driven adjusted expenses care In I well decline million by just
income million share earnings $X.XX non-GAAP and of X% $XX.X Second fully per year-ago from $XX. increased to quarter adjusted non-GAAP XX% net distributed adjusted fully million distributed $XX.X increased a from
$XX.XX for value, of long-term share. deliver average part second X.X an our repurchased approximately to $XXX.X million As during price million of of total per the a fiscal at commitment quarter shares stockholder we
first months for of total fiscal shares X.X the XXXX, repurchased we've million $XXX.X million. of a For six approximately
increase increased From period operations driven for administrative last cash driven related administrative net revenue initiatives and due in and product decreased higher primarily X-month Performance primarily million Services capital, expenses. in from from million the cash strategic primarily expenses is acquisitions. and increased and by The associated perspective, offset certain disposition acquisition and $XXX contract cash with the was a and year. flow sheet by increase assets. liquidity working and higher balance with These was in The operations an revenue and flow expenses for on fees $XXX.X collections were increase period same by primarily general selling, to compared SG&A expenses
and XX% compared flow primarily due same flow free from Non-GAAP in of well will of equipment $XXX.X adjusted fiscal decreased X-month results change non-GAAP to earlier. approximately distributions cash with growth million $XXX.X period a growth million, for year limited for driving decrease continue cash free non-GAAP that with to and the The consistent to EBITDA due non-GAAP we XX% as operations, was the EBITDA cash factors cadence expect full approximate or and performance, cash The to year. X-month XX% as their is in free flow historical the ownership. or flow partners adjusted of property and to a is purchases XX% of
million balance $XXX.X facility, $X XXXX on Our million have repaid. the with an with compared We outstanding quarter June equivalents of at totaled X-year our cash $XX million credit $XXX.X cash at billion we XXXX. revolving XX, ended December subsequently and which XX,
our a to overview turning acquire financial the Greater York Acurity Nexera guidance, Hospital to quick Before Association. let businesses agreement provide and me New the of from
As and all generated by of of Susan will revenue gross noted, all the receive Acurity. these acquiring the businesses, in administrative fees we Nexera
and directly fees that mid we with fees aggregate the will administrative in range fee members administrative Acurity's Regarding accordance share is administrative aggregate the an of members with those overall consistent GPO, share our contracts share. XX% with underlying contracted
prepaid an administrative non-cash in disclosed that is share treat certain fee its one-time as of fee from amortized the required financial range. providing the the contracts life press in Premier to statements. release, perspective, effective the acquired this under accounting to When Acurity our expense members on as is and the members of addition, over amortization, the payments Acurity In considering low rebate administrative share to XX% averages contracts
approximately on $XXX.X anticipated due impact The of $XX a for of renewal based in consideration total million member certain guidance. including is revised contingent of and acquiring the our sellers fiscal reflected XXXX potential these in achievement fiscal to initial to the the a objectives. up businesses synergies, are of We payment million transaction, XXXX
million performance than indicating anticipated growth now X% XX% Chain So for to XX%, and months million, year, and updating impact revenue, in to the through $XXX X we Services revenue outlook and follows: products and and is Nexera the the of guidance current remainder turning project year respectively. $XXX acquisitions. growth to expected of assumptions the guidance. financial Based of are to by to stronger net Acurity X%. be assumes of of anticipated of are the Supply not the first a our anticipated we which X% increasing upon segment fiscal and Acurity outlook range the fiscal administrative impacted full-year we This acquisitions Nexera, year-over-year previously to materially to Revenue at fees X% as
We decreasing $XXX year-over-year Services in our an than X%. is anticipated technology Health growth ramp and slower million, million of businesses to the Performance to indicating This up a X% expected slower Contigo originally of segment than decline our due range $XXX consulting to revenue are of planned initiative. to and primarily
growth growth Supply to increased guidance $X.XXX billion, consolidated anticipated $X.XXX is billion X%. due consolidated Services, for revenue to to However, of Chain year-over-year indicating being X% range net the revenue to the in
million X% expected impact are million, a year-over-year $XXX associated We at the range and continued expenses with due for the to EBITDA adjusted for year This fiscal acquisitions. for growth. to million negative to million indicating incorporates guidance expectations EBITDA Nexera the to $XX of reaffirming $XX non-GAAP $XXX X% business adjusted of Acurity
with by additional reaffirming non-GAAP are amortization to and members, associated distributed we non-cash fully $X.XX of acquired the for businesses. the fiscal as per acquisition Similarly, its a adjusted range I the to the includes of year infrastructure negative $X.XX, the Acurity of related at to to related rebate primarily impact discussed, to overall $X.XX are indicating payments expenses X%. the to the just growth This costs $X.XX earnings share same These to X% of expenses. expected related one-time
one-for-one I'd January on exchange like On class-B were shares Finally, brief of common to million process. quarterly on A units for a X.X stock. update a XX, exchanged approximately provide our Class ongoing basis
occurs exchange your quarterly time. you for April next XX. Our Thank on
me let over Now the turn back Susan. call to
