secwatch.observer — SEC 8-K summary
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Issuer:     Phreesia, Inc. (PHR)
CIK:        0001412408
Form:       8-K
Filed at:   2026-05-27T20:00:50+00:00
Accession:  0001412408-26-000166
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Phreesia Q1 FY2027: Revenue $130.9M (+13% YoY), net income $3.0M; restructuring cuts ~200 positions
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- Total revenue $130.9M (+13% YoY); net income $3.0M vs net loss $3.9M YoY; adjusted EBITDA $30.5M.
- Payment solutions revenue up 40% (AccessOne contributed 33%); network solutions up 15%; subscription down 3%.
- AHSCs 4,708 (+7% YoY); revenue per AHSC $27,811 (+6% YoY); total managed payments $1.786B.
- Post-quarter restructuring eliminated ~100 internal + ~100 contractor roles; savings reflected in FY2027 outlook.
- New $275M Capital One revolver maturing 2031 replaced prior Credit and Bridge facilities; AccessOne facility expanded to $300M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1412408/000141240826000166/0001412408-26-000166-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1412408/000141240826000166/phr-20260527.htm
  HTML page:      https://secwatch.observer/filing/0001412408-26-000166

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