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Monday, February 26, 2024

Hims & Hers’ stock jumps on forecasts

 

Shares o Hims & Hers Health Inc. HIMS, +7.67% jumped 17% after hours on Monday after the online wellness platform said 2024 would be its first year of positive net income and forecast first-quarter and full-year sales that were above expectations. The company said it expected first-quarter sales of $267 million to $272 million, above FactSet forecasts for $253.3 million. It said it expected full-year revenue of $1.17 billion to $1.2 billion, above FactSet estimates for $1.11 billion.

https://www.marketwatch.com/story/hims-hers-stock-jumps-on-forecasts-4290103d

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