Phreesia Reports Q2 Fiscal 2027 Earnings with Revenue Growth and Profitability Expansion
Phreesia (NYSE:PHR) reported strong fiscal second-quarter results for 2027, delivering a year-over-year revenue increase of 10% to $129.5 million. Adjusted EBITDA rose by $10.8 million to $32.9 million with an improved margin of 25%, and net income reached $1.9 million for the fifth consecutive profitable quarter. The company generated positive operating cash flow ($18.3 million) and free cash flow ($13.8 million), which enabled a reduction in debt principal by over $23 million. Phreesia reaffirmed its full-year 2027 guidance, projecting revenue between $510 million to $520 million and adjusted EBITDA of $125 million to $135 million. Client growth continued with an increase in average healthcare services clients year-over-year by 277. However, the sequential decline in client-based revenue was attributed to seasonality in payment processing and expansion trends.
Tickers: $PHR
Topics: adjusted_ebitda cash_flow debt_reduction revenue_growth