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Phreesia Fiscal Q1 Net Loss Narrows, Revenue Increases; Lowers Fiscal 2025 Revenue Outlook
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Phreesia Fiscal Q1 Net Loss Narrows, Revenue Increases; Lowers Fiscal 2025 Revenue Outlook
May 30, 2024 1:33 PM

04:15 PM EDT, 05/30/2024 (MT Newswires) -- Phreesia ( PHR ) reported a fiscal Q1 net loss Thursday of $0.35 per diluted share, narrowing from $0.70 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.50.

Revenue in the quarter ended April 30 rose to $101.2 million from $83.8 million a year earlier. Analysts surveyed by Capital IQ expected $101 million.

The company lowered its revenue outlook for fiscal 2025 to the range of $416 million to $426 million from $424 million to $434 million. Analysts polled by Capital IQ expected $427.9 million.

Price: 21.31, Change: -0.01, Percent Change: -0.05

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