Hims & Hers Health, Inc. (NYSE:HIMS) shares are trading higher on Tuesday after the company posted better-than-expected fourth-quarter financial results and issued strong guidance.
The Details:
The company reported quarterly earnings of 1 cent per share, beating the analyst consensus estimate of a loss of 3 cents per share.
Quarterly revenues grew 47.5% year over year to $246.62 million, beating the analyst consensus estimate of $245.82 million.
Subscribers grew to 1.5 million, up 48% year-over-year.
Outlook:
Hims & Hers Health issued strong guidance and said that it expects first-quarter 2024 revenue in the range of $267 million to $272 million, above the $252.548 million estimate. The company expects fiscal year 2024 revenue between $1.17 ...