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NEW YORK (AP) — NEW YORK (AP) — Progyny Inc. (PGNY) on Monday reported first-quarter earnings of $17.7 million.
On a per-share basis, the New York-based company said it had profit of 18 cents.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share.
The provider of fertility and family building benefits posted revenue of $258.4 million in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $245.4 million.
For the current quarter ending in June, Progyny said it expects revenue in the range of $260 million to $265 million.
The company expects full-year earnings to be 42 cents to 48 cents per share, with revenue ranging from $1.04 billion to $1.07 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a PGNY">Zacks stock report on PGNY at https://www.zacks.com/ap/PGNY