Progyny Q4 revenue $214.3M (+68% YoY); FY2022 revenue $786.9M (+57%); guides FY2023 above $1B

Progyny, Inc.

2022-FY EPS reported $0.30 revenue$786,913,000

Q4 2022 revenue $214.3M, up 68% YoY; gross profit $44.5M (+77%); net income $3.4M ($0.03 diluted EPS).
Full year 2022 revenue $786.9M, up 57% YoY; net income $30.4M ($0.30 diluted EPS); Adjusted EBITDA $125.7M (+87%).
FY2023 guidance: revenue $1,000M-$1,030M (27-31% growth); Adjusted EBITDA $166M-$174M; net income $27.0M-$32.7M.
Q1 2023 guidance: revenue $245M-$250M (42-45% growth); Adjusted EBITDA $41.5M-$44.0M.
Clients grew to 288 from 191 a year ago; no debt; working capital $274.3M; operating cash flow $80.4M in FY2022.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

Progyny, Inc. reported the fiscal year ended December 31, 2022 results: revenue $786.9 million, net income $30.4 million, EPS $0.30 per diluted share.

Period: the fiscal year ended December 31, 2022
Revenue: $786.9 million
Net income: $30.4 million
EPS: $0.30 per diluted share
Result: reported results

Exact text from the filing

regardless of any general incorporation language in such filing. --- EX-99.1 (EX-99.1) --- Progyny, Inc. Announces Fourth Quarter 2022 Results Reports Full Year Revenue of $786.9 Million, Reflecting 57% Growth Reports Record Quarterly Revenue and Operating Cash Flow of $214.3 Million and $51.5 Million, Respectively Issues Financial Guidance for 2023, Anticipates

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Earnings Releases SEC 8-K Item 2.02 confidence 1.0

Progyny, Inc. reported the fourth quarter of 2022 results: revenue $214.3 million, net income $3.4 million, EPS $0.03 per diluted share.

Period: the fourth quarter of 2022
Revenue: $214.3 million
Net income: $3.4 million
EPS: $0.03 per diluted share
Result: reported results

Exact text from the filing

Inc. Announces Fourth Quarter 2022 Results Reports Full Year Revenue of $786.9 Million, Reflecting 57% Growth Reports Record Quarterly Revenue and Operating Cash Flow of $214.3 Million and $51.5 Million, Respectively Issues Financial Guidance for 2023, Anticipates Crossing $1 Billion Revenue Milestone NEW YORK, February 27, 2023 /GlobeNewswire/ - Progyny, Inc.

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Progyny, Inc. filing history →

Source: SEC EDGAR

accession 0001551306-23-000009

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