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Stock impact report

Is Phreesia Finally Turning The Corner? [Seeking Alpha]

Phreesia, Inc. (PHR) 
Last phreesia, inc. earnings: 4/22 04:09 pm Check Earnings Report
Company Research Source: Seeking Alpha
The company's decision to prioritize profitability over revenue growth has paid off, with a path to profitability supporting the case for a bottom. The stock's valuation is at rock bottom levels, and technical indicators suggest a convincing bottom has been carved out. Phreesia NYSE: PHR ) is a software company that specializes in “patient activation, giving providers, health plans, life sciences companies and other organizations tools to help patients take a more active role in their care.” PHR jumped 21.2% after the company reported its earnings for Q3 FY 2024. Given the stock's post-earnings collapse in September, I reviewed the latest results for signs that the company is finally turning the corner. Case for A Bottom Apparently, PHR collapsed after Q2 FY2024 earnings because the company failed to raise guidance for the year . A filing for a mixed securities shelf offering of up to 1,088,936 shares the day after the 22.1% post-earnings collapse likely greased the skids for Show less Read more
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