also heartfelt through as expected on Thank working as helping impact feet our through of colleagues results. behind briefly of including again. scenes, fiscal I'll and to results I'd guidance the first like the my on back pandemic year, gratitude and COVID-XX the the healthcare its our country work add our workers you. quarter all Mike. the fourth third remainder walk for Thanks, get to well then review fiscal quarter this
rise kick costs Our begin third across sourcing, drive see freight latter management sheet. board to half quarter, of the as was of on position our and execute financial to the strategies continue start and we from on flow continuing amount remains to also was direct reiterate debt of not value Cash allocations that very strength I long-term creation. we strong, flexibility. strong, want net product quarter performance during we and related exceeding In a to while operate growth we financial did some to operational and in balance are the impact very COVID-XX to and material. continued the our to low have a financial expectations
GAAP increased across site our partly rising XX%. revenue million penetration, suppliers the the contract COVID-XX ago. progress contract administrative from year prior categories compliance of a revenue So ongoing consolidated from impact. and high portfolio both standpoint, and new a to increased revenue X%, net from third quarter segment million alternate backdrop acute This of patient addition driven came let's by businesses. increased primarily our trends continuing Services programs a against Chain and review, XX% $XXX.X of utilization $XXX.X Supply Net of fees
from healthcare year, our growth growth foodservice products commodity relative certain purchases Products generated primarily driven strong to last aggregated prior revenue well for member revenue year. as in COVID-XX due XX% increased and prior by demand PremierPro for product the as to among to categories through providers
significant technology member increase increased and the integrated license The as expected Turning a contract and to of million suite the of technology innovation improvement XX. growth $XX.X disclosed from of associated revenue Services. including engagements, was decision consulting with certain Revenue lower X% driven clinical primarily technology access CMS Performance by year our ago. in technology as license a government a with network This hospital solutions new engagements by as agreement previously enterprise partially offset that March engagements. ended timing was the support on well to
redemption ownership Looking value at million year was partners million decrease of $XXX.X based noncash reflect common of the a the stock income the million with in Class profitability. net decrease for in quarter adjustment GAAP GAAP B positive $XX.X the after to $XX.X required compared price. our limited unit last on
net per the reported share. attributable During of we quarter, to stockholders income third GAAP $X.XX
ago, million driven million EBITDA non-GAAP from net adjusted perspective, products non-GAAP $XXX.X administrative of From EBITDA segment revenue. growth XX% increased and adjusted ago. year fees XX% increased primarily consolidated a a by in Chain Supply $XXX.X quarter from Third year Services a of
Performance increased Health. partially In adjusted $XX.X ongoing support was clinical revenue, the EBITDA non-GAAP Services, The previously by million earlier. in from primarily strategic disclosed in Contigo growth of due and X% investments decision a increased year our technology offset to
perspective, flow net a liquidity for million income year. distributed adjusted last with adjusted per and ago non-GAAP $XX.X X% was increased the earnings to operations million, non-GAAP increased share balance period XX% from for a quarter $XXX.X distributed $X.XX. sheet compared $XXX.X X-month period million Third cash the fully and fully year From of same from
the cash to excluded decrease purchase of of and from the prepaid price addition asset contract of the rebates share prior administrative to The agreed for as Acurity acquisition. which certain from was to agreement Acurity by in flow fee Acurity the was Nexera Premier, $XX.X driven onetime operations into entering primarily million members the with purchase by
to also due in primarily remeasurement prepayments agreement. by due to for the decline tax the offset operating partially receivable related capital commodity We of deployed decreases demand a to products These to COVID-XX. were increased expenses, fund
cash approximately activities, or XX% Non-GAAP net flow same a million $XXX.X for EBITDA, partners XX% $XXX earlier. The the by limited due was offset resulted operating with cash year free the partially to ownership. decrease of distributions non-GAAP reduced X-month period primarily to impacting compared by million provided changing or adjusted from factors
XXXX will to administrative free fourth inflows the timing sourcing in increased cash cash and as cash COVID-XX net address of demand as to implications revenue to quarter fiscal for outflows, our flow products direct fees impacted decision well necessary a use result our products. operating projection of strategic Our to procure flow due be given on member of the
subsequent surge sales. related cash of result made member are routine comparison timing collection cash product may be in payments in purchase products impacted the to Given the COVID-XX when on a demand, flow as to
billion that we $XXX amount. $X million repaid and subsequently our with at million June balance at on quarter We revolving and of credit outstanding of XXXX. with XX, $XXX cash compared million March ended equivalents have $XXX.X an the $XXX.X cash million X-year totaled facility, Our XXXX, XX,
$XXX shares million program, the in environment, more our shares not the A any we under Looking stock do the current authorization. of conduct expect January current but to further in Class during the and purchase originally of common year $XXX at share repurchases completed million did repurchase established given quarter the repurchase not fiscal
first Now fourth performance the the of and year fiscal to Based guidance year through revenue outlook of let's chain EBITDA impact the the ranges. generally finish complete said, our guidance. upon assumptions earnings including could of end we top current to expect COVID-XX, anticipated the months the range, the turn quarter, the below to within That distributed nine fiscal and ranges. current possible that while the adjusted COVID-XX, current visibility it and non-GAAP uncertainty lack share services respective exceed and adjusted fully associated due per is with of our their for slightly supply could
Supply expect we the revenue Chain Services of end million million. current top segment $XXX $XXX range of to at the Specifically,
We expect and protective member our other in personal efforts direct result providers demand securing certain revenue from as high COVID-XX. of ongoing strong sourcing healthcare in gains equipment to assist supplies a
the offset slowdown induced We revenue care-related as softness approximately account pandemic will than hospital utilization expect in and performed procedures fees net increase overall of alternate interruption surgeries lower in and revenue this spending a anticipated of as nonhealth due of for the more elected occupancy the in areas. to typically well administrative X/X which site
range. to expectations technology consolidated of new million. in factors the engagements, net revenue this the providers existing extended at upper the be confluence our to being on This Services on of is delayed and and which to million due pressure revenue for the end current $XXX as of range end the are of focus Performance puts This pandemic. current and healthcare $XXX consulting expected is segment low
profitability. at Looking
could to below the We million. $XXX lower $XXX million related end extent the the to on range. that of near expect it of range depending a dollars non-GAAP impacts, of And finish few million COVID-XX adjusted the be EBITDA
from Chain low-margin a Supply be Services greater derived Specifically, revenue we portion direct of business. sourcing expect our to
group impacts procedures our elected in business, the nonhealthcare-related shutdown While and we purchasing the related negative of expect to higher-margin of deferral entities.
offset While administrative a year expected revenue the demand these to to is in net be growth in other by relative effect fees product ago. are the partially quarter pressure in to net expected areas, spikes
Additionally, Performance discussed I EBITDA we expect Services the pressure earlier. segment on increased for reasons
or adjusted end the low a of $X.XX fully few expected non-GAAP cents per earnings the to to of As distributed share below is a be range current result, $X.XX. near
is All Amid costs place diligently unprecedented managing reducing and over hires, we are and factors, near this travel we deteriorate impact no to with should in control, truly results, have have both our business environment, additional unforeseen expenses, full in and the environment operating greatly further meeting an the appreciably. and positively this conditions further are that understanding that said, costs, managing which could financial over manage plans term. we delaying which new negatively
know, year ends respect results quarter consistent when plan on XXXX XXXX, announce with in June fourth we you fiscal fiscal guidance to currently XX. our With Therefore, we for address prior Premier's as mid-August. to years, financial
guidance. for current our impact the between attempt us gather XXXX time to XXXX. Given fiscal trends and ending the would for plans circumstances, fiscal and additional it assess of data, on in use year today to be the now insights next Management to establishing COVID-XX approach premature June digest to August inform our to and
We'll timing demand be economic Performance Services, procedures, like the elective and reopening as as to recovery assessing resumption the related things. of and key well among the facilities nonhealthcare-related areas impact for other level the the of
over similar guidance extraordinary current into potentially the next we'll we can will to improve that issue So many during on initiate in our this altogether. enable the of to August. or environment is annual which quarterly couple other basis consider, a in state to of guidance the assumption this recovery establish withhold may sight need economic time will to and depending of need Certainly, whether mid-August, Premier months, short-term organizations, on medical guidance, us guidance line hopefully our period,
time your for you Thank today.
turn let back to Susan. over the Now me call
