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0.000683197363661916 -0.00172808744926266 -0.00856006108588197 -0.00735441867941968 -0.00735441867941968 -0.00735441867941968 -0.00735441867941968 -0.00735441867941968
Stock impact report

Why Hims & Hers Health Stock Popped 17.1% Today [Yahoo! Finance]

Hims & Hers Health, Inc. Class A (HIMS) 
Company Research Source: Yahoo! Finance
As of 3 p.m. ET, shares were holding about an 8.4% gain for the day. Crushing expectations Hims & Hers said revenue for the quarter jumped 46% from a year ago to $278.2 million and sailed past the $268.7 million that analysts were expecting. The company also reported net income of $11.1 million, or $0.05 per share on an adjusted basis, topping Wall Street estimates of $0.01 in earnings per share. Management said the number of subscribers jumped 41% from a year ago to 1.7 million people and revenue per subscriber stayed flat at $55. New product launches have helped grow the opportunity, but clearly, the core value proposition is working for Hims & Hers. A big year ahead Management also said 2024 revenue would grow between 38% and 41% to $1.20 billion to $1.23 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) is expected to increase 10% to 11% to between $120 million and $135 million. That's a solid value for a company currently worth $ Show less Read more
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