Phreesia EPS misses by $0.22, beats on revenue
- Phreesia (NYSE:PHR): Q3 GAAP EPS of -$0.71 misses by $0.22.
- Revenue of $55.92M (+45.4% Y/Y) beats by $7.17M.
- Press Release
- Outlook for Fiscal 2022: We are increasing our revenue outlook for Fiscal Year 2022 to $211 million from our previously announced range of $195 million to $198 million. Our Adjusted EBITDA outlook for Fiscal Year 2022 is negative $64 million. We expect revenue for Fiscal Year 2023 to grow in the range of 20 to 25% above Fiscal Year 2022 revenue. We also anticipate a continued acceleration in investments in Fiscal Year 2023 from Fiscal Year 2022 levels and will provide an outlook for Adjusted EBITDA for Fiscal Year 2023 when we release our full Fiscal Year 2022 results in March 2022.