Phreesia, Inc. Reports Earnings Results for the Fourth Quarter Ended January 31, 2024
March 14, 2024 at 04:03 pm EDT
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Phreesia, Inc. reported earnings results for the fourth quarter ended January 31, 2024. For the fourth quarter, the company reported sales was USD 25.84 million compared to USD 20.99 million a year ago. Revenue was USD 95.01 million compared to USD 76.59 million a year ago.
Net loss was USD 30.65 million compared to USD 38.02 million a year ago. Basic loss per share from continuing operations was USD 0.56 compared to USD 0.72 a year ago.
Phreesia, Inc. is a provider of comprehensive software solutions that improve the operational and financial performance of healthcare organizations. The Company's solutions include software-as-a-service (SaaS)-based integrated tools that manage patient access, registration and payments. In addition, its solutions include clinical assessments to screen patients for a variety of physical, behavioral and mental health conditions, helping providers to understand their patients and connect them to needed services, resulting in improved health outcomes. The Company also provides life sciences companies, health plans and other payer organizations (payers), patient advocacy, public interest and other not-for-profit organizations with a channel for direct communication with patients. The Company's solutions also include additional products and services, such as the MediFind provider directory, which helps patients find care based on providers' specific clinical expertise.