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“Hims & Hers soars 31% on rapid growth in mental health, weight loss and dermatology treatments”

“…Shares of Hims & Hers closed up 31% to $13.43 as of Tuesday afternoon. They’re now up more than 50% for the year after climbing 39% in 2023… Revenue jumped 47% to $246.6 million, topping the $246 million expected by analysts, according to LSEG, formerly known as Refinitiv.

Founded in 2017, the company went public through a special purpose acquisition company in January 2021. Hims & Hers generated net income in the fourth quarter of $1.2 million, or 1 cent per share, compared with a net loss of $10.9 million, or 5 cents a share, a year ago…”

https://www.cnbc.com/2024/02/27/hims-hers-hims-q4-earnings-report.html

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