WILMINGTON, Del. (AP) — WILMINGTON, Del. (AP) — Phreesia Inc. (PHR) on Wednesday reported fiscal first-quarter net income of $3 million.
On a per-share basis, the Wilmington, Delaware-based company said it had profit of 5 cents.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share.
The developer of health care software posted revenue of $130.9 million in the period, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $130.3 million.
Phreesia expects full-year revenue in the range of $510 million to $520 million.
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