PHR Phreesia (PHR) Q2 FY27 earnings call
Phreesia delivered a solid second quarter, meeting revenue and profitability expectations while generating strong cash flow and reducing debt. The company is focused on expanding its network and offerings, including new products like AccessOne and Provider Connect, and leveraging AI to drive future growth, despite some seasonal and sequential revenue fluctuations. Management emphasized disciplined expense management and a commitment to partnering with providers facing economic strain.
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PHR operating KPIs by quarter
| KPI | Apr 2026 Q1 FY27 | This call Jul 2026 Q2 FY27 | Change vs prior quarter |
|---|---|---|---|
| Average health care services clients | 4,708First quarter average health care services clients or AHSCs, reached 4,708, an increase of 50 from the prior quarter and an increase from 297 or 7% year-over-year.Source: earnings call transcript | 4,744We ended the quarter with average health care services clients of 4,744, an increase of 36 from the prior quarter and 277 from the prior year.Source: earnings call transcript | +0.8% |
| Total managed payments | $1.786BTotal managed payments were $1.786 billion in the first quarter of fiscal 2027, and our Payment Solutions revenue rate was 2.3%.Source: earnings call transcript | $1.626BTotal managed payments were $1.626 billion in the quarter, and our Payment Solutions revenue rate was 2.4%.Source: earnings call transcript | -9% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.