Phreesia, Inc. (NYSE:PHR) Q3 2023 Earnings Call Transcript

Unidentified Participant: Well, the baby was delivered last night. So everybody is healthy and happy and family’s expanded.

Chaim Indig: that’s awesome.

Operator: Your next question comes from the line of Robert Simmons with D.A. Davidson. Your line is now open.

Robert Simmons: Hey. Thanks for taking our questions. First, I was wondering, did MemberConnect contribute revenue in 3Q or is that starting this quarter here? .

Randy Rasmussen: The MemberConnect contributing — yes.

Balaji Gandhi: We just reported Q3. So there’s MemberConnect revenue in that number, yes.

Robert Simmons: Okay. Great. And then — so your headcount has net come down each of the last three quarters. Where is that primarily been coming from? Has it been pretty much across the board or is it more, say, in G&A or any kind of color would be helpful. .

Balaji Gandhi: I think it’s across the board. I mean, like I mentioned, it’s our leadership team just focusing on what’s needed to drive our fiscal ’25 target. So it’s not in one particular area or another.

Robert Simmons: Got it. Thank you very much.

Randy Rasmussen: Thank you.

Operator: Your next question comes from the line of Richard Close with Canaccord Genuity. Your line is open.

Chaim Indig: Got you again.

Richard Close: Thanks. I’m good. Have a good night.

Chaim Indig: On that note, I’d like to thank everyone for joining us for the call, and we hope to see everyone virtually and in person soon enough. And have a great holiday season, if I don’t talk to all of you. And thanks, everyone, on Phreesia for a great quarter.

Operator: This concludes today’s conference call. Thank you for attending. You may now disconnect.