Form 8-K · Current Report · Filed 2024-11-04
Hims & Hers Health Reports Strong Q3 2024 Results with 77% Revenue Growth
Hims & Hers Health, Inc. announced its financial results for the third quarter of 2024, reporting a 77% year-over-year increase in revenue to $401.6 million. The company also saw net income of $75.6 million and a significant rise in subscribers to 2.0 million. The company raised its full-year 2024 revenue guidance to a range of $1.460 billion to $1.465 billion and Adjusted EBITDA guidance to a range of $173 million to $178 million. The third-quarter results reflect strong performance across the Hims and Hers brands, driven by personalized and convenient access to health and wellness solutions.
- Filer
- Hims & Hers Health, Inc. HIMS · NYSE
- Filed
- Accession
- 0001773751-24-000337
- CIK
- 0001773751
- Signal
- High impactConsumer Defensive
- Source
- Official filing on sec.gov ↗
Items reported
Results of Operations and Financial Condition
Financial Statements and Exhibits
Market reaction
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$20.36
Next session
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Since filing
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Precedent
Previous filings from HIMS reporting the same item, with the next session's move:
Exhibits (2)
About Hims & Hers Health, Inc.
Hims & Hers Health, Inc. is a telehealth service provider that aims to simplify and enhance healthcare access for consumers. The company specializes in personal care and wellness products and services, offering both prescription and over-the-counter solutions. With a focus on destigmatizing health and wellness issues, Hims & Hers addresses areas such as dermatology, sexual health, hair care, and mental wellness, appealing to a broad demographic looking for convenient and private healthcare options. By facilitating online consultations with licensed medical professionals, the company allows users to receive medical advice, treatments, and prescriptions, all accessible from the comfort of their homes. Hims & Hers plays a significant role in the growing digital healthcare market, leveraging technology to provide more accessible and personalized healthcare experiences. Headquartered in San Francisco, the company capitalizes on the increase in demand for telehealth services, buoyed by advancements in digital health trends and the expanding e-commerce space for healthcare solutions.
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