Progyny, Inc. (PGNY) announced earnings for first quarter that beat the Street estimates.
The company's earnings came in at $15.06 million, or $0.17 per share. This compares with $16.90 million, or $0.17 per share, last year.
Excluding items, Progyny, Inc. reported adjusted earnings of $43.05 million or $0.48 per share for the period.
Analysts on average had expected the company to earn $0.45 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 16.5% to $324.04 million from $278.08 million last year.
Progyny, Inc. earnings at a glance (GAAP) :
-Earnings: $15.06 Mln. vs. $16.90 Mln. last year.
-EPS: $0.17 vs. $0.17 last year.
-Revenue: $324.04 Mln vs. $278.08 Mln last year.
-Guidance:
Next quarter EPS guidance: $0.40 - $0.43
Next quarter revenue guidance: $310.0 - $325.0 Mln
Full year EPS guidance: $1.54 - $1.64
Full year revenue guidance: $1.185 - $1.235 Bln
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