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Benzinga
Benzinga
Business
Vandana Singh

Analysts Weigh Integration Risks As Phreesia Expands With New Deal

Phreesia PHR
Hand-arranging,Wood,Block,With,Icon,Health,,Medical,,Insurance,,Healthcare,,Care,

Phreesia Inc. (NYSE:PHR) shares slipped Friday despite a stronger-than-expected second quarter. The healthcare software firm posted earnings of 1 cent per share, topping forecasts for a 6 cent loss, while revenue rose 15% year-over-year to $117.26 million, ahead of estimates.

Phreesia's average number of healthcare service clients climbed 7% to 4,467, with revenue per client also up 7% to $26,249. Adjusted EBITDA surged to $22.1 million from $6.5 million a year earlier.

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