secwatch.observer — SEC 8-K summary
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Issuer:     Progyny, Inc. (PGNY)
CIK:        0001551306
Form:       8-K
Filed at:   2021-08-05T23:59:59+00:00
Accession:  0001558370-21-010564
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Progyny Q2 revenue surges 99% to $128.7M; net income of $18.7M vs loss a year ago
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- Q2 net income of $18.7M ($0.19 diluted EPS) vs net loss of $1.1M in Q2 2020
- Adjusted EBITDA of $18.5M (14.4% margin) vs $3.8M (5.9% margin) a year ago
- Client count rose to 182 from 134; ART cycles more than doubled to 7,340
- Q3 2021 revenue guidance $121M-$130M; full year revenue guidance $510M-$530M
- Management notes strong sales momentum but sees short-term utilization dip in July/August

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1551306/000155837021010564/0001558370-21-010564-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1551306/000155837021010564/pgny-20210805x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-21-010564

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