Hims & Hers plummets 16% after first-quarter loss, weak earnings guidance

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Hims & Hers plummets 16% after first-quarter loss, weak earnings guidance

Piotr Swat | Lightrocket | Getty Images Telehealth company Hims & Hers' stock plummeted in early trading Tuesday after posting a first-quarter loss and weak earnings guidance for the year ahead. …

Piotr Swat | Lightrocket | Getty Images Telehealth company Hims & Hers' stock plummeted in early trading Tuesday after posting a first-quarter loss and weak earnings guidance for the year ahead. The digital health firm reported a net loss of $92 million in its first quarter earnings on Monday, compared with roughly $50 million for the same period the prior year. Its adjusted Ebitda was $44 million, down from $91 million last year. Meanwhile, revenue was up 4% to $608 million. …

Original source: CNBC Top News

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