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Progyny: Q3 Earnings Snapshot

Progyny: Q3 Earnings Snapshot

By AP News
Published - Nov 12, 2024, 04:30 PM ET
Last Updated - Nov 12, 2024, 04:30 PM EST

NEW YORK (AP) — NEW YORK (AP) — Progyny Inc. (PGNY) on Tuesday reported third-quarter earnings of $10.4 million.

On a per-share basis, the New York-based company said it had profit of 11 cents. Earnings, adjusted for stock option expense, came to 40 cents per share.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 37 cents per share.

The provider of fertility and family building benefits posted revenue of $286.6 million in the period, missing Street forecasts. Four analysts surveyed by Zacks expected $294.8 million.

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