8-K
filed November 4, 2021, 7:59 PM ET
ticker PGNY
CIK 0001551306
earnings
confidence high
sentiment positive
materiality 0.95
Progyny Reports Q3 2021 Revenue of $122.3M, Appoints Pete Anevski as CEO
Progyny, Inc.
2021-Q3 EPS reported
$0.51
revenue$122,284,000
- Q3 2021 revenue $122.3M (+24% YoY), net income $16.8M vs $4.8M in prior year.
- Added 85+ new clients for 2022, representing approximately 1.2M new covered lives.
- David Schlanger to become Executive Chairman; Pete Anevski succeeds as CEO effective Jan 1, 2022.
- Full-year 2021 revenue guidance raised to $507M-$514M, growth of 47-49%.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
David Schlanger changed role as Executive Chairman at Progyny, Inc..
- Action
- transition to
- Role
- Executive Chairman
Exact text from the filing
On November 4, 2021, Progyny, Inc. (the “Company”) announced that David Schlanger plans to transition to the role of Executive Chairman, effective as of January 1, 2022
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Beth Seidenberg was appointed as Lead Independent Director at Progyny, Inc..
- Action
- assume
- Role
- Lead Independent Director
Exact text from the filing
Beth Seidenberg, M.D., who currently serves as Chair of the Board, will assume the position of Lead Independent Director.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Pete Anevski was appointed as Director at Progyny, Inc..
- Action
- appointed
- Role
- Director
Exact text from the filing
the Board has appointed Mr. Anevski as a director of the Company effective as of the date he becomes Chief Executive Officer.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Michael Sturmer changed role as President at Progyny, Inc..
- Action
- succeed
- Role
- President
Exact text from the filing
Michael Sturmer, 45, who currently serves as Executive Vice President, Chief Growth and Strategy Officer, will succeed Mr. Anevski as President, effective as of January 1, 2022.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Pete Anevski changed role as Chief Executive Officer at Progyny, Inc..
- Action
- succeed
- Role
- Chief Executive Officer
Exact text from the filing
Pete Anevski, 54, who currently serves as President and Chief Operating Officer, will succeed Mr. Schlanger as Chief Executive Officer, effective as of January 1, 2022.
View on SEC.gov
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