Stock Analysis

Phreesia Full Year 2024 Earnings: In Line With Expectations

NYSE:PHR
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Phreesia (NYSE:PHR) Full Year 2024 Results

Key Financial Results

  • Revenue: US$356.3m (up 27% from FY 2023).
  • Net loss: US$136.9m (loss narrowed by 22% from FY 2023).
  • US$2.51 loss per share (improved from US$3.36 loss in FY 2023).
revenue-and-expenses-breakdown
NYSE:PHR Revenue and Expenses Breakdown March 19th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Phreesia Meets Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.

In the last 12 months, the only revenue segment was Healthcare Software contributing US$356.3m. The largest operating expense was Sales & Marketing costs, amounting to US$147.0m (40% of total expenses). Explore how PHR's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Healthcare Services industry in the US.

Performance of the American Healthcare Services industry.

The company's shares are down 4.8% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 3 warning signs for Phreesia that you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.