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Premier Health (TSXV:PHA) reports Q2 revenue increase

Health Care
TSXV:PHA
21 May 2021 15:45 (EDT)

Premier Health (PHA) announced a 245-per-cent-increase in revenue for the second quarter of 2021.

The Canadian healthtech company filed its condensed interim consolidated financial statements.

The company generated revenues of $17.0 million for the quarter ($30.4 million for the 6-month period compared to $8.2 million for the same period in 2020).

The company attributes the increase to its full consolidation of the Code Bleu acquisition and organic growth.

“The March offering and the latest technology roll out puts us in a very enviable position to act as an aggregator in our market,” said Premier Health CEO Martin Legault.

Premier Health is a leading Canadian Healthtech company that provides a comprehensive range of outsourced services solutions for healthcare needs to governments, corporations, and individuals.

Premier Health is up 2.21 per cent, trading at $1.39 at 2:48 pm ET.

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