secwatch.observer — SEC 8-K summary
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Issuer:     Phreesia, Inc. (PHR)
CIK:        0001412408
Form:       8-K
Filed at:   2024-03-14T23:59:59+00:00
Accession:  0001412408-24-000038
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Phreesia Q4 rev $95M (+24% YoY), Adj EBITDA -$3.5M; forms India sub for in-sourcing
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- Q4 revenue $95.0M (+24% YoY); full-year revenue $356.3M (+27% YoY).
- Q4 net loss $30.6M (vs $38.0M); Adj EBITDA -$3.5M (vs -$17.6M) — strong margin improvement.
- FY2025 outlook: revenue $424-434M, Adj EBITDA $12-20M (narrowed upward from $10-20M).
- New wholly-owned subsidiary Phreesia India formed to in-source offshore services; expects ~2,400 headcount post-transition.
- Cash and equivalents $87.5M, down from $176.7M a year ago; borrowing capacity available.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1412408/000141240824000038/0001412408-24-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1412408/000141240824000038/phr-20240314.htm
  HTML page:      https://secwatch.observer/filing/0001412408-24-000038

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