Phreesia Q2 10-Q: $1.9M Net Income, Data Breach Settlement, and CEO Trading Plan
PHR sits 40% above its 52-week low of $7.77.
Summary
Phreesia filed its Q2 FY2027 10-Q confirming $1.9M net income and $32.9M Adjusted EBITDA, while disclosing a $4.95M data breach settlement, two securities class actions, and a CEO trading plan for up to 200,000 shares.
Key Events · Earnings and Guidance · PHR
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Q2 Net Income of $1.9M
Revenue rose 10% YoY to $129.5M; Adjusted EBITDA was $32.9M. Six-month net income was $4.9M vs a $3.3M loss last year.
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ConnectOnCall Settlement Approved
Court granted preliminary approval July 27, 2026 for a $4.95M non-reversionary settlement fund. Phreesia recorded a $4.95M loss contingency and a matching $4.95M insurance receivable.
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Two Securities Class Actions Pending
Theodoulou v. Phreesia (filed May 13, 2026) and Key West v. Phreesia (filed July 13, 2026) allege 10(b)/20(a) violations. Motions for consolidation and lead plaintiff appointment are pending; loss range not estimable.
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CEO Adopts 10b5-1 Trading Plan
Chaim Indig adopted a plan July 13, 2026 covering potential exercise of vested options and sale of up to 200,000 shares, expiring July 10, 2028.
Analysis · PHR · Trade & Services
Phreesia's 10-Q confirms the Q2 results already previewed in the 8-K, but adds material new disclosures: a $4.95M preliminary settlement for the ConnectOnCall data breach (fully offset by insurance), two pending securities class actions, and a CEO Rule 10b5-1 plan covering up to 200,000 shares. The company also expanded its securitization facility to $300M and detailed a restructuring eliminating ~220 positions. The litigation and insider selling plan are the most market-relevant new items.
How filings like this one have moved
In the 30 days to Sep 10, 2026, 29.9% of the 1988 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.12%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, PHR was trading at $10.85 on NYSE in the Trade & Services sector, with a market capitalization of approximately $686.1M. The 52-week trading range was $7.77 to $31.38. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.