secwatch.observer — SEC 8-K summary
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Issuer:     Progyny, Inc. (PGNY)
CIK:        0001551306
Form:       8-K
Filed at:   2022-08-04T23:59:59+00:00
Accession:  0001551306-22-000012
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Progyny Q2 revenue $195M (+52% YoY); raises FY2022 guidance lower end
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- Revenue $195M vs $128.7M YoY; net income $8.8M ($0.09 diluted EPS) vs $18.7M ($0.19).
- Adjusted EBITDA $32.9M (+78% YoY); margin 16.9% (+250 bps YoY).
- Total clients 273 as of June 30, 2022, up from 182 a year ago.
- Full-year revenue guidance raised to $750-775M; Adj. EBITDA guidance $114-122M.
- Operating cash flow $19.2M vs -$7.5M YoY; no debt, $122.4M cash and marketable securities.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1551306/000155130622000012/0001551306-22-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1551306/000155130622000012/pgny-20220804.htm
  HTML page:      https://secwatch.observer/filing/0001551306-22-000012

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer