LIPH

Premier Health Reports Second Quarter Results

Retrieved on: 
Monday, May 29, 2023
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“We are happy to report improved results for this quarter.

Key Points: 
  • “We are happy to report improved results for this quarter.
  • Our gross margins remain within our target range while CHCA continues to deliver results in-line with the expectations we had when we purchased it last year.
  • We are thrilled about the diversification it brings to our portfolio and eager to add more assets in Ontario and the rest of Canada,” said Martin Legault, CEO of Premier Health.
  • “We’ll continue to rigorously manage our existing assets as we monitor the evolving Quebec market.”
    The Corporation provided 212,600 hours of service during the quarter.

Premier Health Reports First Quarter Results

Retrieved on: 
Wednesday, February 22, 2023
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The gross margin for the quarter was 23.5% slightly below our long-term target of 25%, but in-line with expectations for the first quarter.

Key Points: 
  • The gross margin for the quarter was 23.5% slightly below our long-term target of 25%, but in-line with expectations for the first quarter.
  • Ministry of Health regular changes in operational directives in Quebec related to the state of health emergency continued to affect revenues in Q1-2023.
  • Acquisition of Ontario based CHCA in the third quarter of FY2022 continues to contribute positively to earnings.
  • The Ontario agency was acquired in April and contributed to the company’s results for the full first quarter of 2023.