earnings
confidence high
sentiment negative
materiality 0.70
Progyny Q4 rev $298.4M (+10.6%); large client non-renewal pressures 2025 guide of 1-5% growth
Progyny, Inc.
2024-FY EPS reported
$0.57
revenue$1,167,221,000
- Q4 revenue $298.4M (+10.6% YoY); net income $10.5M ($0.12 diluted EPS) vs $13.5M ($0.13) prior year.
- Adjusted Q4 EPS $0.42 vs $0.32 prior year; Adjusted EBITDA $47.5M (+10%).
- Full year 2024 revenue $1,167.2M (+7.2%); net income $54.3M ($0.57) vs $62.0M ($0.62).
- One large client did not renew for 2025; excluding it, 2024 revenue grew 8.5%; expects >530 clients in 2025.
- FY2025 guidance: revenue $1.175B-$1.225B (1-5% growth), adjusted EBITDA $188M-$201M, adjusted EPS $1.52-$1.62.