04:47 PM EDT, 09/04/2025 (MT Newswires) -- Phreesia ( PHR ) reported late Thursday its Q2 swung to earnings of $0.01 per diluted share from a loss of $0.31 a year earlier.

Analysts polled by FactSet expected a loss of $0.06 per share.

Revenue for the quarter ended July 31 was $117.3 million, up from $102.1 million a year earlier.

Analysts polled by FactSet expected $116.5 million.

The company reiterated its fiscal 2026 revenue guidance of $472 million to $482 million. Analysts polled by FactSet expect $477.2 million.

Also, Phreesia ( PHR ) said late Thursday that it plans to acquire AccessOne, a provider of financing solutions for healthcare receivables, in a $160 million cash transaction which is expected to close in late Q3 or early Q4 of fiscal 2026.

The acquisition will be financed using a combination of existing cash and a newly secured bridge loan, the company said.

Phreesia ( PHR ) anticipates the transaction will contribute roughly $35 million in annualized revenue and $11 million in adjusted earnings before interest, taxes, depreciation, and amortization. Phreesia ( PHR ) plans to update its fiscal 2026 outlook following the close of the deal.

Shares of Phreesia ( PHR ) were down more than 11% in after-hours trading.