---
schema_version: "secwatch.filing_event.v1"
accession: "0001412408-23-000073"
form_type: "8-K"
ticker: "PHR"
cik: "0001412408"
company_name: "Phreesia, Inc."
filed_at: "2023-05-31T23:59:59+00:00"
generated_at: "2026-06-14T10:20:18.405928+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Phreesia Q1 revenue $83.8M (+32% YoY); net loss narrows, FY24 EBITDA outlook raised

## Summary
- Total revenue $83.8M, up 32% YoY; net loss $37.5M vs $51.2M in prior-year quarter.
- Adjusted EBITDA -$13.8M (improved from -$30.6M); FY24 outlook raised to -$60M to -$55M.
- AHSCs 3,309 (+31% YoY); Network Solutions revenue +46% driven by Life Sciences campaigns.
- SVB consent extended to Sep 15, 2023; cash reserves $149.8M sufficient for 12+ months.

## SEC filing metadata
- accession: 0001412408-23-000073
- form_type: 8-K
- ticker: PHR
- cik: 0001412408
- company_name: Phreesia, Inc.
- filed_at: 2023-05-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1412408/000141240823000073/0001412408-23-000073-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1412408/000141240823000073/phr-20230531.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001412408-23-000073
- JSON: https://secwatch.observer/filing/0001412408-23-000073.json
- Plain text: https://secwatch.observer/filing/0001412408-23-000073.txt

## Key facts
- Earnings Releases
  Phreesia, Inc. reported fiscal first quarter ended April 30, 2023 results: revenue $83.8 million, net income $37.5 million. Guidance raised.
  - Period: fiscal first quarter ended April 30, 2023
  - Revenue: $83.8 million
  - Net income: $37.5 million
  - Guidance: raised
  - Result: reported results
  source text: relations website at ir.phreesia.com to view the Company's Q1 Fiscal Year 2024 Stakeholder Letter. Fiscal First Quarter Ended April 30, 2023 Highlights • Total revenue was $83.8 million in the quarter as compared to $63.4 million in the same period in the prior year, an increase of 32%. • Average number of healthcare services clients ("AHSCs") was 3,309 in the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1412408/000141240823000073/0001412408-23-000073-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.