secwatch.observer — SEC 8-K summary
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Issuer:     Phreesia, Inc. (PHR)
CIK:        0001412408
Form:       8-K
Filed at:   2022-12-08T23:59:59+00:00
Accession:  0001412408-22-000066
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Phreesia Q3 revenue $73.1M (+31% YoY); raises FY2023 outlook to at least $278M
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- Revenue $73.1M (+31% YoY); net loss $40.2M; Adjusted EBITDA -$18.3M.
- Average healthcare services clients 2,982 (+42% YoY); ARPU $17,645 (-9% YoY).
- Raises FY2023 revenue outlook to at least $278M; Adjusted EBITDA outlook improved to ~$95M.
- Renames 'Life sciences' revenue to 'Network solutions'; introduces MemberConnect for payers.
- Estimated TAM expanded to ~$10B from ~$9B due to MemberConnect opportunity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1412408/000141240822000066/0001412408-22-000066-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1412408/000141240822000066/phr-20221208.htm
  HTML page:      https://secwatch.observer/filing/0001412408-22-000066

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer