Hims & Hers Health, Inc. reported a drop in earnings for the third quarter, missing Street estimates. The bottom line was $15.87 million, or $0.06 per share, compared to $75.99 million, or $0.32 per share, last year. Analysts had expected earnings of $0.10 per share. Revenue for the period increased by 49.2% to $598.98 million from $401.56 million last year. The company provided guidance for the next quarter with revenue expected to be between $605 – $625 million and full year revenue guidance of $2.335 – $2.355 billion.
Read more at Nasdaq: Hims & Hers Health, Inc. Reports Drop In Q3 Bottom Line, Misses Estimates
