Overview
* Premier Health Q3 revenue falls to CAD 21.9 mln
* Net loss for Q3 was CAD 3.5 mln, improved from CAD 8.4 mln last year
* Adjusted EBITDA for Q3 was CAD 22K, down from CAD 367K in 2024
Outlook
* Premier Health adapts cost structure in British Columbia
* Company committed to cost reduction and debt management
Result Drivers
* VOLUME DECLINE - Adjusted EBITDA impacted by reduced volumes in Quebec and British Columbia
* BILL 10 IMPACT - Quebec's Bill 10 continued to affect Per Diem segment, now 4% of revenues
* WILDFIRE EVACUATIONS - Contract cancellations in Ontario due to wildfires affected revenue
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q3 C$21.90
Revenue mln
Q3 Net -C$3.50
Income mln
Q3 C$22,000
Adjusted
EBITDA
Analyst Coverage
* The one available analyst rating on the shares is "hold"
* The average consensus recommendation for the software peer group is "buy."
* Wall Street's median 12-month price target for Premier Health of America Inc ( PRHAF ) is C$0.20, about 77.5% above its August 20 closing price of C$0.05
Press Release:
(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.)