earnings
confidence high
sentiment positive
materiality 0.80
Progyny Q3 revenue $205.4M (+68% YoY); raises FY2022 revenue guidance to $775-785M
Progyny, Inc.
2022-Q3 EPS reported
$0.27
revenue$205,371,000
- Revenue $205.4M (+68% YoY); net income $13.2M ($0.13 EPS) vs $16.8M ($0.17) year ago.
- Adjusted EBITDA $35.0M (+112% YoY); margin 17.0% vs 13.5%.
- Record 105 new client commitments in selling season; near 100% retention; anticipates 370 clients and 5.4M covered lives by 2023.
- Raises full-year 2022 revenue guidance to $775-785M (55-57% growth); Q4 revenue guided $202.4-212.4M.