Hims & Hers: A Lot More Than Just GLP-1, And It's Proving Its Ability To Grow
Portfolio Pulse from
Hims & Hers reported strong Q3 results with a 77% year-over-year revenue growth, leading to a 5% increase in after-hours trading. The company raised its growth outlook and adjusted EBITDA margin, maintaining a strong buy rating despite FDA uncertainties.
November 05, 2024 | 12:30 pm
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Hims & Hers' Q3 results showed a 77% revenue growth, leading to a 5% increase in after-hours trading. The company raised its growth outlook and adjusted EBITDA margin, maintaining a strong buy rating despite FDA uncertainties.
The strong Q3 results and significant revenue growth indicate robust business performance, leading to a positive market reaction with a 5% increase in after-hours trading. The raised outlook further supports a positive short-term impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100