Hims & Hers soars 31% on rapid growth in mental health, weight loss and dermatology treatments
Publishing timestamp: 2024-02-27 16:03:16
Summary
Hims & Hers Health reported strong fourth-quarter results, expects to deliver first full year of profitability in 2024, and sees potential for significant revenue growth in specialties like weight loss, mental health, and Hers Dermatology. Shares of the company surged 31% after beating estimates and closing up more than 50% for the year. Analysts are optimistic about the company's performance and growth potential.
Sentiment: POSITIVE
Tickers: HIMS,
Keywords: business news, internet, technology, breaking news: technology, hims & hers health inc, enterprise, health care industry,
Source: https://www.cnbc.com/2024/02/27/hims-hers-hims-q4-earnings-report.html