Phreesia, Inc.

This is your operator. Today's call is scheduled to begin momentarily. Again your line will be on music hold until the conference begins. Thank you for your patience. Oh, my God. Good morning, ladies and gentlemen, and welcome to FRESA 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 like to introduce Balaji Gandhi, Senior Vice President, Investor Relations for FRESA. Mr. Gandhi, you may begin.

Thank you, Operator. Good morning and welcome to Freesia's earnings conference call for the fiscal first quarter of 2022, which ended on April 30th, 2021. Joining me on today's call are Freesia's chief executive officer and co-founder, I'm Indig, and chief financial officer, Randy Rasmussen. Complete disclosure of our results can be found in our earnings press release issued yesterday evening, as well as in our related form 8K submission to the SEC. Our 8-K filing includes the first installment of our quarterly stakeholder letter, which we are implementing to provide additional information about Frisia during the quarter in advance of our earnings call to provide greater efficiency to our earnings reporting process for the benefit of our stakeholders. All these documents are available on the investor relations section of our website at ir.frisia.com. As a reminder, today's call is being recorded and a replay will be available following the conclusion of the call. During today's call, we will make forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act. Although we believe that the expectations reflected in these forward-looking statements are reasonable, these statements relate to future events or our future operational or financial performance and involve known and unknown risks, uncertainties, and other factors that may cause our actual results, performance, or achievements to be materially different for many future results, performance, or achievements expressed or implied by these forward-looking statements. Furthermore, actual results may differ materially from those described in the forward-looking statements and will be affected by a variety of risks and factors that are beyond our control, including, without limitation, statements about our future financial performance, including our revenue, cash flows, cost of revenue, and operating expenses, our anticipated growth, our predictions about our industry, the impact of the COVID-19 pandemic on our business, and our ability to attract, retain, and cross-sell to healthcare provider clients. Statements are also subject to other risks and uncertainties, including those more fully described in our filings with the SEC, including in our quarterly report on Form 10-Q that will be filed with the SEC later today. The forward-looking statements made on this call speak only as of the date on which the statements are made, We undertake no obligation to update and expressly disclaim the obligation to update any forward-looking statements to reflect events or circumstances after the date of this call or to reflect new information or the occurrence of unanticipated events except as required by law. We will also refer to certain financial measures not in accordance with generally accepted accounting principles in order to provide additional information to investors. Non-GAAP measures should be considered in addition to and not as a substitute for or in isolation from our GAAP results. A reconciliation of GAAP to non-GAAP results may be found on our earnings press release and supplemental materials, which were furnished with our Form 8K filed after the markets closed on June 3rd with the SEC, and may also be found on our investor relations website at ir.freesia.com. As a reminder, we are participating on today's call from three different locations, so we appreciate your patience with us. I will now turn the call over to our CEO, Haim Indig.

Thank you, Balaji. All of us at Frigia are looking forward to entering the summer with the hope that the biggest hardships of the pandemic are behind us. We carry the momentum from our strong finish in fiscal 2021 into the first quarter of fiscal year 2022. I hope everyone has had a chance to review our earnings press release and quarterly letter. Operator, can we open the call up for Q&A, please?