Phreesia's Profit Surge Masks a More Pressing Issue: The Struggling Client Base Phreesia's second quarter fiscal 2027 earnings report was met with relief by investors, as the healthcare technology company posted its fifth consecutive quarter of positive net income and adjusted EBITDA surged to $32.
9 million. Beneath this profit turnaround lies a more concerning trend: the financial strain on Phreesia's client base.
Phreesia's revenue growth, driven primarily by Network Solutions and Payment Solutions, is impressive, with a 10% year over year increase in revenue.