Phreesia Inc. (PHR) Tops Q1 EPS by 3c, Revenues Beat
Phreesia Inc. (NYSE: PHR) reported Q1 EPS of ($0.16), $0.03 better than the analyst estimate of ($0.19). Revenue for the quarter came in at $33.4 million versus the consensus estimate of $25.91 million.
Fiscal First Quarter 2021 Highlights
- Revenue was $33.4 million in the quarter as compared to $28.3 million in the same period in the prior year, an increase of 18%.
- Average number of provider clients was 1,632 in the quarter as compared to 1,549 in the same period in the prior year, an increase of 5%.
- Average revenue per provider client was $16,735 in the quarter compared to $15,649 in the same period in the prior year, an increase of 7%.
- Adjusted EBITDA was positive $1.5 million in the quarter compared to negative $0.3 million in the same period in the prior year.
- Cash on the balance sheet as of April 30, 2020 was $90.3 million, consistent with January 31, 2020.
For earnings history and earnings-related data on Phreesia Inc. (PHR) click here.
