Phreesia Fiscal Q2 Loss Narrows, Revenue Rises; Fiscal 2025 Revenue Outlook Reaffirmed

04:25 PM EDT, 09/04/2024 (MT Newswires) -- Phreesia (PHR) reported a fiscal Q2 net loss late Wednesday of $0.31 per diluted share, narrower than a loss of $0.68 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.35 per share.

Revenue for the quarter ended July 31 was $102.1 million, up from $85.8 million a year earlier.

Analysts surveyed by Capital IQ expected $101.6 million.

The company said it continues to expect fiscal 2025 revenue of $416 million to $426 million. Analysts expect $420.3 million.

Shares of Phreesia were up 1.4% in after-hours activity.

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