Shares of Phreesia, Inc. (PHR) soared 6.17% in pre-market trading on Wednesday, as investors eagerly await the company's first-quarter earnings report. The healthcare software provider is scheduled to release its financial results before the market opens today.
Wall Street analysts are expecting Phreesia to report a loss of $0.12 per share for the quarter. The pre-market rally suggests that investors may be optimistic about the company's performance, potentially anticipating results that could beat these estimates.
Phreesia, which provides patient intake management solutions for healthcare organizations, has been navigating a challenging economic environment along with the rest of the healthcare technology sector. Today's earnings report will provide crucial insights into the company's financial health and its ability to grow in the current market conditions.
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