NYSE$PHR

Phreesia Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Announced financial results for the fiscal second quarter ended July 31, 2021.

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.

Headline financials

Total Revenue

$51M

Previous: $35M+45.7%
EPS (adj)

-$0.34

Previous: -$0.08-325.0%
Capital Expenditures

-$5.03M

Previous: -$4.66M-8.0%
Free Cash Flow

-$29.4M

Previous: -$11M-166.8%
Net Income

-$24.4M

Previous: -$6.37M-282.9%
Operating Income

-$23.8M

Previous: -$6.31M-277.3%
Gross Profit

$41M

Previous: $29.7M+37.8%
Cash & Equivalents

$440M

Previous: $84.2M+422.4%
Total Assets

$551M

Previous: $160M+243.9%
Stock-Based Comp

$7.27M

Previous: $3.43M+112.2%

Revenue & EPS history

Phreesia · Revenue · Quarterly

$51M

Q2 2022+45.7%vs Q2 2021
Beat estimate in 7 of 12 quarters(58%)
ActualEstimate

Revenue by segment

Phreesia · $39.2M total across 2 segments · Q2 2022

  • Subscription Services
    $22.9M+33.6%
  • Payment Processing
    $16.3M+37.9%

Forward guidance

The company is increasing its revenue outlook for fiscal year 2022 to a range of $195 million to $198 million.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

-1.6%

Avg return

Earnings day

+2.5%

Avg return

5 days after

+2.0%

Avg return

30 days after

54%

15 / 28 earnings

Positive

+21.4%

Q2 2023

Best reaction

-26.3%

Q4 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026-26.3%-1.1%
Q1 2027+2.3%+13.3%
Q3 2026-22.8%-19.2%-16.0%
Q2 2026-9.8%-18.8%-25.4%
Q1 2026-6.6%-0.2%+14.2%
Q4 2025+6.9%+14.6%+1.1%
Q3 2025+11.1%+14.8%+30.8%
Q2 2025+7.9%+0.5%-6.8%
Q1 2025-13.3%-14.7%-2.9%
Q4 2024+1.7%-0.7%+1.0%
Q3 2024+17.8%+18.8%+45.2%
Q2 2024-21.2%-27.1%-39.1%
Q1 2024+3.6%+10.3%+4.0%
Q4 2023-13.5%-10.0%-5.7%
Q3 2023+18.7%+34.8%+20.0%
Q2 2023+21.4%+28.2%+4.9%
Q1 2023+11.9%+17.5%+40.1%
Q4 2022-11.9%+1.3%-23.6%
Q3 2022-20.2%-20.9%-32.9%
Q2 2022-12.4%-6.2%-15.4%
Q1 2022+6.6%+12.7%+24.2%
Q4 2021+2.5%+8.4%+3.3%
Q3 2021+7.3%+18.1%+16.2%
Q2 2021-3.2%-9.2%+3.5%
Q1 2021-6.7%-10.5%-13.1%
Q4 2020+4.2%+18.1%+30.6%
Q3 2020-1.0%-8.8%-6.9%
Q2 2020+0.2%+7.3%+1.2%
Q1 2020
Q4 2019
Q3 2018
Q2 2018
Q1 2018

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