PHR - Earnings call transcript Q1 2022

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Operator

Good morning, ladies and gentlemen. And welcome to the Phreesia's fiscal first quarter 2022 earnings report. At this time, all participants are in a listen-only mode.

We will provide instructions for the question-and-answer session to follow.

First, I would now like to introduce Balaji Gandhi, Senior Vice President, Investor Relations for Phreesia. Mr. begin. may you Gandhi,

Balaji Gandhi

Good the welcome XXXX, fiscal XX, on operator. conference which Phreesia's call April for first XXXX. morning. you, to And earnings ended Thank quarter of

today's SEC. in Financial Officer, evening, release the Rasmussen. Officer submission on Joining can Chief our disclosure issued our as Randy X-K are our be to Indig, Chief Chaim yesterday found A Executive in me related and Form and call of Co-Founder, as results complete well Phreesia's press earnings

Our the are quarterly to advance Relations ir.phreesia.com. are website documents Phreesia our includes earnings call XX-K letter provide stakeholder the process section on our quarter of available our to earnings the reporting about of our stakeholders. filing to for of All installment first efficiency at benefit Investor provide information which these in implementing we our during greater of additional the

call. be replay the As conclusion recorded and a a the call being reminder, available following is will today's of

make the During of we statements Securities Act. Securities and Section meaning of XXA today's the Exchange will of the XXE Section Act call, forward-looking within

made or are our are and to pandemic be to control including with obligation uncertainties, the and cash the of those as COVID-XX statements those without in will affected ability will our of to expressed believe known speak that risks provider are subject our costs also on call only be uncertainties date other our our are to forward-looking future update required from to results, the actual factors about Form factors the to materially implied or growth, future risks these variety disclaim report may our the the achievements that unanticipated our on filed expenses, be our occurrence statements. of reflect or forward-looking forward-looking to achievements results and events expectations and business anticipated reflect performance, statements filings beyond of statements call the except by flows, these quarterly more risks, industry, on different attract, about financial SEC including, statements with these any in Although including we this relate to circumstances expressly impact reflected or the by reasonable, the performance and future performance undertake our financial predictions our events XX-Q forward-looking materially We later cause SEC, operational and information retain and healthcare other our actual revenue after our or the revenue, unknown to statements These or forward-looking cross-sell involve events, differ the of today. date that in statements on of described operating new that described obligation The and and Furthermore, or statements limitation, fully including future no performance by update may or a results, any which made. from law. statements this as clients. and

website with accordance in and Investor Accepted a filed substitute as to on isolation closed GAAP from, order measures not provide information were in earnings non-GAAP found on considered not X-K reconciliation measures to A Generally our be additional financial to, supplemental press after to market the certain Non-GAAP for may addition our Principles and to June release refer should also SEC our in in ir.phreesia.com. found which may Relations Accounting Form furnished with will also be or be with We the X in our results. at GAAP investors. of and results materials,

Chaim Indig. the call are us. turn I call appreciate we our so patience your we reminder, As a will on CEO, four locations, now from today's with participating over different to

Chaim Indig

Hi. you, Balaji. Thank

the at All into hardships had behind chance of letter. earnings our of and the We looking Phreesia pandemic the our Q&A Hope fiscal the the carry finish Operator, review that the has from are to quarter us. biggest can forward we are a with us momentum summer hope strong entering XXXX fiscal press please? release of everyone to up year the XXXX. open call for in quarterly first

Operator

Instructions]. [Operator

comes question First Samuel Morgan. J.P. Anne from from

Anne Samuel

really leveraging could a investment balancing I bit the you've lot we maybe this investing in should year. was about show hoping faster little nicely your a on But how up in P&L been be growth rate. growth about moving the because It's you forward, talk starting and to growth results. a thinking

Randy Rasmussen

to I Chaim, I question. that take guess say start, before want I'll anything? do you

Chaim Indig

ahead, Randy. Go

Randy Rasmussen

think look, as we we we bring our invest term, as business important clients. new that in long on I it's

support for have. sense perspective forward growth it and the and does and look will line. we that the allocation say, that look a grow to it coming we we follows. growth make in we And our So, have the year from And at the these current we investments capital year business top next the really

I goal. think look margins, still a out in we XX% goal EBITDA of farther we the longer to have but term, reach that

Anne Samuel

lot makes just into the one the a sense. on move acute Maybe That market. of

looks thinking today us Just to be some impact clients we your little complex. ambulatory that'll and how PPTM. how the more I you little bit imagine maybe about have how different you should give wondering bit there maybe it's of a if color of would could a intake on relative

Chaim Indig

than the Anne, hospital workflows. market in very workflow are the different acute use very, The cases, the ambulatory and

a unscheduled high of of have number which makes patients, a ton You sense.

are to You identify which patients need in records. coming to to to have tools able be which

type emergency very and have is of stop condition. you health are get right? able for surgery. peaks instantly intake critical people So, that you so of early when in if And the of morning there's triage massive the different, be any for ask sort come how in to type different. dollars any issues, flows Thankfully, You as you to very,

being heavily manage in hospital in investing been really workloads. variability able the all we've to So, these

appointments, broke too to we've it's hospital and your then and go get the experience might the for to an having a check see right? You things you in each right? the time And One your is and in go get You doctor you of of solved you into send time every – also often fill go in we've they'll might huge people if have something for. the multiple might a – to same leg, ray. experience issue, customer the paperwork hospital X other into and seen out is

heavily multifaceted, changed customers. a go you this. Yes, it's to been we've that visit the has complex So, really visits of our investing in it or and profile

Operator

Ryan from William come from Your Blair. will Daniels next question

Ryan Daniels

for you. one Chaim,

about the what side, on think reopening market I'm your you If pipeline. the curious ambulatory that's doing

check-ins. different think I Are definitely and post-COVID have manifest pipeline? you consumers for starting that in convenience see to the and digital touchless aggressively health expectations

Chaim Indig

sort for I every demand. and years been I think seen in we this I grow, past look have as the year Ryan. the we've that have now something they been consumers XX at most interest expecting, doing of what believe

to clients, fill, we and it's need those going rapidly really Well, happening so, everyone happening also, is talk time buck is change. have at those salaries up. a having around hard we seats that having interest now is the the are too. seen I wages which they're think to up important, dynamic a or And But consumer conversations I that filling going our that front think are When right desk having two? they in there's healthcare another

just to So, possible. prices, can't they're forced your also the tools because raise for unlike not look and you technology It's operating right? being to productivity give leverage them Chipotle,

also we're So, seeing it.

how Just a for and demand health get figure leverage. ton out organizations, healthcare trying of to to practices operating systems

it's heavily. And it one so, we're sort very And all of from so – that's reasons come the we've investing why been seen of sides.

Ryan Daniels

question. to my next leads That

any do that drive really increase for focus resonating others more specific challenges invest any clearly, you end you engagement, drive in efficiencies market, need of areas the or their further core huge they are amount change and products of yours As think the module than drive that in those can to providers? operating are outside margins, of to satisfaction, there

Chaim Indig

little a to biased. Ryan, got I've say, I'm

consent we're to things make investing improve all the we're them. part across someone the automating to on that's they're or like plan that's the patient. were work the of whether your all drive things forms or that to And don't they taking trying we board, to think the could clarify, it do margins. it's or across to are happened. think we value a And market. frankly massive appointments in didn't the just think about time And move And valuable, – be whether I help pretty wouldn't excited if difference. these we trying whether of picture, payment putting that I some that And we that's

to running think a I can maintain business. America I whatever do tough think care just We're Right? trying they're organization to health help to trying in them. is them. we a

Operator

come from MacDonald from Needham. Your next Ryan question will

Ryan MacDonald

Congrats quarter. customers curious on with in to I resonate and is having your be starting great a for hear you're to opportunities. how conversations would Chaim, expansion QueueDr

Chaim Indig

of offering QueueDr a year. We've the made integrated end at was to different the our last fiscal we an of acquisition product since bunch offerings.

it's called of very by part just addition to now And team, Phreesia. new net well been One our base it's their accepted been of core very, wonderful client a clients. our by it's and that accelerator offering, pieces, as

were their anymore a product lot the what As just Phreesia we're that tell I doing they part because of can't offering. and doing core the are see of where things now doing, are becoming I is just in

of have better team very happy days early us. excited. And we're this. with for asked couldn't We the So, we're a join really to

Ryan MacDonald

in As a growth the new quarter. saw really in follow-up, great clients some you

getting Thanks. the just You've driving sort productivity? than, of than months expected? in obviously investments you to you SDRs. what's that perhaps made tactics marketplace SDRs were up say, of sales that area they speed talk a the XX Or it Can those Is lot are more improve in effective quickly ago? with of maybe addition more this about

Chaim Indig

folks invest into really the we of we go-to-market just lean and We initiatives, whether all sales team. our in it's really, reason continue go-to-market the it's they're the SDRs well and had, work And and our really implementation, customer our across teams think individuals is incredible had success quarter those that I to board together.

only over them. Our say, thing And personally. haven't a organization, I the SaaS to we're we SDR forward as they're I sad great We're met SDRs is meeting one healthcare. a But in now. it. would of doing look I best most going And investing keep is, job. And them of to around, team think, XXX the

is org our Our clients. is right And job. that sure doing sales too. Implementation growing do a by we we making doing and keeps job in just team keep great investing CSM org our great a

Operator

Schoenhaus question next from Your will from Stephens. come Scott

Scott Schoenhaus

breakdown of guess really clients in growth results. if is provide accelerated the particularly first given my baked excellent year. that's be the color quarter. I the the could question That on guidance, client would you provider on stats into this kind both provider any revenue between guide the Congrats versus on helpful, revenue for

Randy Rasmussen

we at we're top revenue average when don't provide our line. per client provider I revenue client. think average look the the guiding outlook, number provider per We guidance or on the on

And mind, things on the the And low of mind [Technical of I thing in really to low year-over-year million, million, look guidance think to there's approximately million couple at we million. the $XXX we're to raised the the guidance you million $XXX to on approximately we high $XXX if one end XX% $XXX I is in end a we from of as Difficulty], at the growth. end And think raised million guidance. which is guidance. from look about high $X the keep end, the talking revenue keep the which $XX

to by annual pay. revenue patients that deductibles. insurance Payment of the have keep is subject payments. mind also volume on to And driven there's seasonality, an revenue in and is First that you rollover this

look past last So payments compared earlier volumes that year, impact, quarter the to remember XX from we the months. increased in calendar due was COVID big look year it's we COVID level experienced the And spending the patient patient less when an disruption to due higher that quarter. there's higher where to predictability this in of the we've year. this of is payments, at remainder And as over

Scott Schoenhaus

next My is question for Chaim.

allocation? to $XXX You you sheet, more acquisition the you bolt-on Are of cash the on software are million modulars have capital Chaim. on balance are similar for targeting M&A plans your of What seeing What QueueDr? your front?

Chaim Indig

it senior things your have is the explained thoughtful and operators us think done keep experience thesis. and Phreesia. level matters fairly of it to and we've our we've taught the to all And out help eye us or stakeholders. capital And and how we I the inorganically. of allocation our and really leaders rigid our that we've how that what thinking to matter all We leverage here's all and a knowledge about of here's said it continue to we're do for here's at growing please of that things organically at

for We of are our clear – better do, we And anything integrating have executing have a are better. – really opportunities better. a making success. indeed shot And

So on still it's million is it's not, a or thoughtfully. do million same or used our have $XXX the have whether $XXX lot million, cash it capital. view we how on $XXX we sheet, the be the we balance of views And use really to was

Operator

Instructions]. [Operator

Your Donald Hooker from comes next KeyBanc. question from

Donald Hooker

numbers the the on Congrats in quarter.

X,XXX client clients you maybe think expand a qualitatively and So, you base have your provider little You over help have strategy. guys Can quantitatively? clearly now. current land or us provider about a

last terms new before? know whitespace of year. the you're wave provider but clients, kind the of opportunity there types clients? whitespace I think and so the think Any about kind us of now X,XXX compares Thanks. versus or in new just help adding that of difference to I of

Chaim Indig

fired check and practices the live And I'll in we've entire them and the landing been aggressively. try that. to health to on been sizes of But sell systems would say upsell. support clients, organization if been organizations color all we systems take We've give – and adding cylinders quarter, quarter and wasn't cross to this expanding it clients, large health being have health also we small, to just we've able wouldn't them. for large I the in medium, have been systems, and had all some able

hospitals if Sorry, Don, got have also gamut. fair the – the hadn't to just We I we plethora. been we've full it's can't express been But had seen of mostly a not It's quarter have like, able number would we the live. ambulatory.

really a I'm So, describe really, just else that. of know I quarter. intense to how proud don't It And really was organization. this

Operator

from will come Your Vruwink Joe from Baird. next question

Joe Vruwink

a a was David Phreesia. think coming Linetsky separately, achieved is been comment question, personalized that innovation? products letter Chaim, on about at faster scale this able has you guess, way. company's podcast just org from engage new there in Phreesia ways to in where drives patients feedback recently discussing the impressed certain I now then has loop with do all the and my a and shareholder the R&D being was the And the more network platform a accelerating

Chaim Indig

angry It's stuck their very everyone actually I'll a give like from impressive. in them to Balaji without You questions answer there. turn. of try four couple emojis getting too to many

or is our be he I think targeted that, to to ability it's very people deliver been something articulating are and messages seen, is relevant them David years. or to in moving the things that of the times that and to as become we that, in is engage monetize to about you working in have the able have our those makes be with smaller clients in Linetsky, to is programs. happy investing it's It makes our investments a in put saying investment thesis and great effect It it. Because towards them ROI the to appointments – And to we're couldn't that or we've products believe in both And tied Like, because that. product product proved happy to enrolling I better. And stakeholders. and more in get it wonderful scale keep business. provides our what we about you great going idea it's we a science really the all it been clients. really of team. they data investment we before of monetize can the build think organization drive to correct. do excited starting are the hands life healthcare net making our see where that. able [ph] R&D I'm understand making to embraced the been investments fairly is more for go-to-market We've and investments with return, And is which phenomenal sciences pretty you been very we or really people, a great off. we've like in just to pay it and do that we we times open them, data And healthcare And if whether the communicate do And a that product, are our chat a to has subscription of just payments that better. capacity experience we're terms that organization collection

Operator

next John Ransom James. will from Your question Raymond come from

John Ransom

raise the midpoint. think ex the we the $X If at beat, million it's about guidance about

don't just The infer you Is things much little seasonality I'm talk was you're amount to the the that we – because all should pull and the big payment of bit know on mentioned? I through were there's Just the seasonality. the of out But some and moderation that So model? our spending revenue of upside break about the payment revenue. a curious of some pretty from expecting side? of

Randy Rasmussen

the space. it's way Yeah, the John. primarily of year. the the pay, which beginning really The seasonality payment patients as I on is always is in higher mentioned, driven that And at

million. the the before, end increase by As $XX I said we of did low range

Operator

question next from come Hannah Davidson. will Baade D.A. from Your

Hannah Baade

such and inside cross land as as both side. client expand to hiring new the provider to with to continue both have success on and well the wins, plans What great sales It's do sell client see support organization upsell? you

Chaim Indig

aggressively in also same done invest job organization our that We're At our marketing expect as our great implementation the be to the to and demand. continue we're driving hire going a we're time, our hire invest going aggressive. going communicated and to more has sales to we're and and of fairly in year to life CSM to too. this think to that going transition I team SDRs continue we sciences organizations, org,

fast So be that for I'd next continue invest increased we aggressively to quarters over give going look investment able ourselves – to market we're say the handful of as share. to as can to

Operator

Your from next Genuity. question Canaccord from Close will Richard come

Richard Close

question is the format well. quarter on volume Congratulations guess first on here as payment the my new and I the facilitator percentage.

You moderating. you over terms in provide Can maybe talk where normalized see a context as you that time? just that rate of any about

Randy Rasmussen

have when in think our ways. facilitator, look that at I different us we use payment you clients

based others then facilitator the of revenue process facilitator through payment, really size which Some as clients that the the go use the system they how on of picking up are we're gateway. payments a payment using on the health the through And It us and share then us. payment clients gateway. generally, model. the to full larger depends And us just on practice the and use model, use goes will

to we as drop. larger percentage move that will So, see clients, we

Richard Close

how to by information didn't? drove there, discussed to new but guess, to I use And qualitative, just I able other those go are you've versus curious vaccine data some letter, impact the something on the that of I Maybe that offering that the products like back use curious, those respect with you other of that? type was clients information that there clients' any was in engagement really if with that you that to illustrate in know customers, to management, provided and respect

Chaim Indig

if probably do right right? a then always end build yes, I taking like, in I COVID, at not think thing, make people to make to of at the – first screened, people us They them Doing then engagement. is looking specifically of we the one they and them to they doing then these sure we we're – help test, think to It's get that – we We are really vaccination. referenced for measure it for around wanted to we help just good help patients give usage, – do about tools were to team just – first test, thing providers, them. in the difference wanted – the the what you most they products wanted HealthLinc providers pretty and we day, measure especially but value measure way said. letter hard. what the is the we about

of thing. really make do we're we sure fast everything it's this to get we help to the where hesitancy, to vaccinated wearing ours possible. about most Now we – pre-world masks go as like would I want not to this population right population care help back them want just all like they unnecessarily. Because of to as can a

Operator

Piper Your come question Jessica will from from Sandler. Tassan next

Jessica Tassan

the We're care maybe an on acute you payment market is interested the acute if in primarily is update on the side? the opportunity processing sciences opportunity in revenue? of So, related terms life Or market? where an or there revenue an the could give opportunity care services and subscription lies

Chaim Indig

own haven't at a Does the TAM, view billion as acute calculation? in subscription opportunity just a mostly that win care – today for some or We why the as payments from will opportunity $X won't around work sciences? won't available majority mean our No, life do on we vast changed. if And and our and how but today. us subscription that's communicate some to is that stakeholders we changes,

Jessica Tassan

maybe. just could I in sneak If

guys on you contribution or provide assumptions, guidance revised market to If underlying guidance? care the any could acute their color revised

Balaji Gandhi

about Balaji. this Jessica, Are that you the Chaim referenced? TAM is talking

Jessica Tassan

assumptions in just the dynamics? run the changed market, care No, underlying that the acute the rate

Balaji Gandhi

talked that's something we've not Yeah, about.

sell acute all some space we'll just different ready about this areas, that progress well. the really and be on care I I across an the talked on we But probably earlier breadth share point. in quarter as think all have at think that's the made Chaim question certainly to

Operator

from Markets. RBC come from Sean Dodge And your will question next Capital

Thomas Kelliher

It's Thomas for Kelliher Sean. on

clients or expect of from there clients? clarity up helpful. more Any you toward sciences give would you business, it see existing us on how the trending forward? going following new new lean be it sense the Just effective now driving Does campaigns to the mix life targeting more can strength and a

Chaim Indig

wonderful. And how a they their and work team, continues org, payoff. through, we they to together by foremost, we be and as our Right? been it how think that expect clients and team. there for that's the a all investment, just data just it's It's in a strength work be scientists, continued First about delivered sciences those we years, clients life to So, growth the about I investments, wonderful then, our amazing. phenomenal – our we product it's as sales, And life months, client has much been it's to whether think say, in expect when do products. so think sort sciences that's our of had but more not meaningful And invest just I org. as we we think continue our

Operator

comes from Daniel Next Grosslight from Citi. question

Daniel Grosslight

my benefit like to vaccination add a effect? are do might you're Or to know any on tangentially bear care levels year congrats this seem vaccinations? these guess impacts expect you free that, seeing saw for sustained blip secondary that of is from a but to the to I'll strong a of start your in are be seeing are be go you – giving warehousing warehousing I you volume throughout expected. assuming kind patients stronger responsibility from vaccinations? effect their you of to payment modules coming patients one-time vaccination, modules see away the And quarter, acceleration any don't high I to there In back might for volume guidance, as the year? you the have I'd this back particularly delayed year. last we than the seen and

Chaim Indig

of to is get projects had resources then to I other deviate you and to last, the I your by we're not, that. thing. been and we've benefits general the believe the difference. our believe from continue want do get But And our the us a look, sense. vaccination important. When keep everyone able thing, thing, to doing will their a we'll with start help from you your a all because that that. we try say let do Randy the answer benefit help to do because right right single clients. pretty we they have when will than And, clients we benefit empowered I feel get And to in the healthcare it's patients. And, I'll People effort. more been stakeholders with. term, in that we practices a this both I'd to biggest want stuff. that stressing make other type I'll biggest with very able we've right help to yes, work enter that do And from is position benefits has long the lucky to outsized and be you I helped the team often do partnership think that

Randy Rasmussen

be patterns that right, but patient Dan, which it's I impact particular could the year, see, seasonality responsibility it's don't why the of And delayed a quarter, part your when we earlier think question is of payments major whether visit there know. to think higher at a this is of the it, was in of part the know doctor, seasonality we really think about look year-over-year and the don't coming back we really I I patient the regular it, we payments. if

think XX year, we've based visits past some unpredictability the the when seen it's rest really months. we the on look the over So, I but to of disrupted there's forward patient pandemic,

Daniel Grosslight

to the that we're see the for XQ volume rest the of is in you growth amount assumption terms going So, on that unknown the piece not in in that guidance of same your acceleration. saw of year,

Randy Rasmussen

seasonality This in a is know. quarter. higher don't of is revenue But line. I first the factor there the a revenues where payment is

Operator

Davis will question next come from Your SVB Leerink. from Stephanie

Stephanie Davis

viewed with especially a expansions consolidation of a the looking and of to maybe suite acute of looking strategy the capture the relationship advantage clients, level your to hospital? you're vendor any at acquiring And merchant a you merchant in be larger quarter. at to going that us for more low capture taking are you commodity through the of are on as trends any beyond the Congrats tends processing tell share solution on of stickiness, the acquiring relatively your that, with wallet? could Since

Chaim Indig

in point which is, Not I payments. market, articulating in don't the comfortable of that after, think, I it. a what or their during, banks. to are their the And of we we the are, verticalization if I treasury I that still treasury changes, of feel tied either our are wrong, often make of different combined, think what right, in to the with very pretty often you other be often anything right I'll with see I payment articulated, relationships, are clearly lending say answer sort won't very look, that think up And communicate payments, those pretty the using them or of that's and strategies think than we try go-to-market than relationships banks will we tied revenue. that where before using things to majority acute after sort going think still But, capture large vast the we folks promise – term. are we've near aggressively arrangements different other in

So, we the market. I where aggressively acknowledge think where returns. area And great an to is important want huge spend where to and allocate is very is we with resources share, one win resources we could right? we spend think win and share think is also And to capital things think market of a this we we

Stephanie Davis

impact ambulatory demand these all possibly has of follow-up of quick that, a acute there been M&A to touching side the in a especially Is there further market space, the system. that's lot strategy, belying any on payment deals? your and And the on

Chaim Indig

these think changed companies of whatsoever. our most we've known strategy decades. don't I But for has

And So, I don't our with working. think strategy [indiscernible]. no, We thing. just has changed I of M&A or keep like talk it's doing to looks think our M&A

keep us our thing. doing going to I'm have So,

Operator

Your next BTIG. Larsen come will David question from from

David Larsen

force, they know more was And pre-pandemic hesitancy on are Are COVID. Hey, are the your COVID-related you sort the visiting selling? maybe where give very still impact just busy around to up of color the were dealing like slightly or because is all like Can or physician there that And little they your sales to the a volumes, with good volumes are Thanks quarter. back pandemic call with practices much. practices a physician were still of now even I remote? it salespeople client higher? then, they office congratulations on some during they

Chaim Indig

have Let me been they and been selling has on clarify. quarters planes Like, our aggressively at out for not all. salespeople

folks And and salespeople systems. and we with if don't have aggressively I to and SDRs webcast had So, HR out ramped on our don't I hadn't our quarters like, I had they're our but all health we the team implementation Balaji, that think team really sales on our communicated working reaching congrats our team have think the out been them phones, doing hasn't these would as practices, get we've help the and practices all onboard we? up, managers know, selling. to don't Phreesia. that we've to been

Balaji Gandhi

not. have we No,

Chaim Indig

Okay.

thank checking. misconception. a clarifying. Just That But for was you

David Larsen

where Are pre-pandemic? they volumes up back were

Chaim Indig

Fund other want think it Balaji? we out within that And I to – don't Is to was like that January. said The report I was a say with think was X%. we than I that sometime Commonwealth fair, communicate volumes, put it in

Balaji Gandhi

Yeah.

our obviously, there and and February with correlation it think early well have look some through is you went David, payment volumes. as then I at to results

David Larsen

one quite came last and Just G&A. quick one. expecting then R&D was like, in bit costs a I sales than little frankly, The higher – also marketing, and

going the items line is year? expected trend your Just Thanks. those around any for the of thoughts rest through forward what

Randy Rasmussen

articulated and important as it's and we continue as And make in sales we marketing. invest before, have the that to resources. robustly to in think implementation invest also bring support on growth. I product clients new we We and we sure

continue to So, we investments. make expect to those

Operator

remarks. session. brings for us closing now of end to turn call the over to back the today's will I the This presenters Q&A

Chaim Indig

to forward Cheers. enough. you working year. couple I if I seeing did the haven't soon this everyone Phreesia, this with to really of the already. just at hope support, next to through proud our everyone all And I to months gets we vaccinated, our for we're look shareholders all forward of look just thank opportunity and we everyone's past of everyone thank quarter. of and thank And And clients take want everyone what of

Operator

will This today's everyone. you Thank conclude conference call.

You disconnect. may now

Phreesia (PHR) 4 Jun 212022 Q1 Earnings call transcript