Hims & Hers stock jumps 12% on better-than-expected revenue, earnings

Shares of Hims & Hers Health Inc. jumped 12% in extended trading Wednesday after the health-care company reported fiscal second-quarter results. Hims & Hers reported a net loss of $9.1 million, or 5 cents a share, compared with a net loss of $927,000, or 3 cents a share, in the year-ago quarter. Revenue catapulted 69% to $60.7 million from $52.3 million a year ago. Analysts surveyed by FactSet had expected a net loss of 8 cents a share on revenue of $56.5 million. Hims & Hers' stock is down 48% so far in 2021. The broader S&P 500 index has gained 18% this year. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Hims & Hers stock jumps 12% on better-than-expected revenue, earnings
Shares of Hims & Hers Health Inc. jumped 12% in extended trading Wednesday after the health-care company reported fiscal second-quarter results. Hims & Hers reported a net loss of $9.1 million, or 5 cents a share, compared with a net loss of $927,000, or 3 cents a share, in the year-ago quarter. Revenue catapulted 69% to $60.7 million from $52.3 million a year ago. Analysts surveyed by FactSet had expected a net loss of 8 cents a share on revenue of $56.5 million. Hims & Hers' stock is down 48% so far in 2021. The broader S&P 500 index has gained 18% this year. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.