Phreesia Inc (PHR) Q1 2027 Earnings Call Transcript
Phreesia reported Q2 FY2026 revenue of $117.3 million, up 15% YoY, and posted its first GAAP net‑income positive quarter at $0.7 million. The company announced a definitive agreement to acquire AccessOne for $160 million in cash, a deal expected to add roughly $35 million in annualized revenue and $11 million in adjusted EBITDA. Management raised its FY2026 adjusted EBITDA outlook to $87‑$92 million and highlighted the expansion of its total addressable market to about $24 billion, driven by the AccessOne purchase and growth in network solutions. Additionally, Phreesia began monetizing its Voice AI offering, signaling a new revenue stream.
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