Hims & Hers Health Raises 2023 Revenue Guidance To $868M-$873M vs $846.55M Est.
Portfolio Pulse from Benzinga Newsdesk
Hims & Hers Health has increased its revenue guidance for 2023 to between $868M and $873M, up from the previous estimate of $846.55M.
November 06, 2023 | 9:09 pm
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POSITIVE IMPACT
Hims & Hers Health's raised revenue guidance for 2023 could potentially lead to a positive impact on its stock price.
Companies often see their stock prices increase when they raise their revenue guidance, as it signals to investors that the company is expecting to perform better than previously anticipated. In this case, Hims & Hers Health's raised revenue guidance for 2023 could potentially lead to a positive impact on its stock price.
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