Phreesia Q4 2020 Earnings Report
Key Takeaways
Phreesia reported a revenue of $32.8 million for the quarter, representing a 24% increase compared to the same period in the prior year. The average number of provider clients was 1,603, a 4% increase year-over-year, and the average revenue per provider client increased by 18% to $16,708. Adjusted EBITDA was $1.3 million for the quarter.
Revenue was $32.8 million, up 24% year-over-year.
Average number of provider clients was 1,603, a 4% increase year-over-year.
Average revenue per provider client was $16,708, up 18% year-over-year.
Adjusted EBITDA was $1.3 million, compared to $0.4 million in the same period of the prior year.
Phreesia
Phreesia
Phreesia Revenue by Segment
Forward Guidance
The company provided an update related to the outbreak of a novel strain of Coronavirus (“COVID-19”) and its impact on the Company’s business. COVID-19 has and could continue to materially and adversely impact Phreesia’s business and results of operations. However, the rapid development and fluidity of this situation precludes any prediction as to the ultimate adverse impact of COVID-19. During the interim period since the filing of the 8-K, there has been no change to the information disclosed therein.
Revenue & Expenses
Visualization of income flow from segment revenue to net income