Phreesia Q2 2022 Earnings Report
Key Takeaways
Phreesia reported a revenue of $51.0 million for the quarter, a 46% increase compared to the same period in the prior year. The average number of provider clients increased by 19% to 1,987, and the average revenue per provider client grew by 14% to $19,720. Adjusted EBITDA was negative $11.0 million, and cash and cash equivalents reached $439.9 million.
Revenue was $51.0 million, up 46% year-over-year.
Average number of provider clients was 1,987, a 19% increase year-over-year.
Average revenue per provider client was $19,720, a 14% increase year-over-year.
Cash and cash equivalents totaled $439.9 million.
Phreesia
Phreesia
Phreesia Revenue by Segment
Forward Guidance
The company is increasing its revenue outlook for fiscal year 2022 to a range of $195 million to $198 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income