Progyny, Inc. Announces Third Quarter 2024 Results
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Progyny, Inc. reported its third quarter 2024 results, highlighting the acquisition of over 80 new clients and 1.1 million new covered lives. The company was selected by a leading national health plan and a regional health plan as their preferred partner. Additionally, 1.5 million lives are set to adopt Progyny's newest services in maternity and menopause programs in 2025.
November 12, 2024 | 9:15 pm
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Progyny, Inc. announced strong Q3 2024 results with significant client growth and new partnerships. The company added over 80 new clients and 1.1 million new covered lives. It was chosen as a preferred partner by major health plans, and 1.5 million lives will adopt its new services in 2025.
The announcement of over 80 new clients and 1.1 million new covered lives indicates strong business growth for Progyny. Being selected as a preferred partner by major health plans further solidifies its market position. The adoption of new services by 1.5 million lives in 2025 suggests future revenue growth, positively impacting the stock price in the short term.
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