Hims & Hers shares sink as Q1 misses expectations
(Il Sole 24 Ore Radiocor) - Milano, 12 mag - Shares in Hims & Hers Health fell sharply in early trade after the telehealth company missed expectations.
The California-based company, which is investing to move to branded weight-loss medications, reported first quarter revenue of 608 million dollars compared to analyst xpectations of 617.5 million.
It said it swung to a loss of 0.40 dollars per share compard to a profit of 0.20 per share the previous year.
At 1408 GMT Hims & Hers shares were down 9.2%.
(RADIOCOR) 12-05-26 16:11:37 (0541) 5 NNNN