Phreesia Analysts Raise Their Forecasts After Q2 Results
Phreesia's earnings beat expectations and significant sales guidance suggest strong fundamentals.
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Phreesia's earnings beat expectations and significant sales guidance suggest strong fundamentals.
What happened, with direct paths to the underlying reporting
Phreesia reported earnings of 1 cent, beating estimates of a 6 cent loss. Quarterly sales reached $117.255 million, surpassing expectations of $116.526 million. Phreesia confirmed FY2026 sales guidance between $472 million and $482 million. CEO announced acquisition of AccessOne to enhance healthcare receivable financing solutions. Analysts have raised price targets, indicating continued optimism despite a recent share dip.
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