: Hims & Hers stock jumps 13% after narrower loss in Q2


Hims & Hers Health Inc. HIMS, -3.07% shares rallied nearly 13% in the aftermarket Monday after the telehealth company reported a narrower-than-expected loss for its second quarter and revenue that was above expectations. Hims & Hers lost $7.2 million, or 3 cents a share, in the quarter, compared with $19.7 million, or 10 cents a share, in the second quarter of 2022. Revenue rose 83% to $208 million, Hims & Hers said. Analysts polled by FactSet expected the company to report a loss of 5 cents a share on sales of $205 million. The company guided for revenue of $217 million to $222 million in the third quarter, and full-year revenue between $830 million and $850 million, which are also above consensus on FactSet.

This article was originally published by Marketwatch.com. Read the original article here.

Previous article: If Donald Trump’s mug shot is taken in Georgia, it could be ‘the most famous in the world’
Next articleParamount’s stock roars higher after earnings, planned sale of Simon & Schuster


Please enter your comment!
Please enter your name here