Phreesia Reports Q1 2027 Revenue of $130.9M, EPS of $0.05, Returns to Profitability
Summary
Phreesia reported Q1 2027 revenue of $130.9 million, up 13% year-over-year, and achieved GAAP profitability with diluted EPS of $0.05, reversing a loss of $(0.07) from the prior year. This follows the 8-K and 10-Q filings on May 27th and 28th, which broadly indicated robust Q1 results and a return to profitability. The positive earnings, alongside recent restructuring efforts and expanded financing, suggest the company's strategic initiatives are improving its financial health.
At the time of this announcement, PHR was trading at $9.48 on NYSE in the Technology sector, with a market capitalization of approximately $583.8M. The 52-week trading range was $7.77 to $32.76. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Wiseek News.