StockNews.AI
HIMS
CNBC
15 days

Hims & Hers stock falls 10% on revenue miss

1. Hims & Hers stock dropped 9% after Q2 earnings fell short. 2. Q2 revenue rose 73%, but missed analyst expectations. 3. Company expects Q3 revenue between $570M to $590M, beneath analyst forecast. 4. Controversy surrounds Hims & Hers' sale of unapproved GLP-1 compounds. 5. Adjusted EBITDA for Q2 was $82M, surpassing expectations.

4m saved
Insight
Article

FAQ

Why Bearish?

The earnings miss and controversial practices can undermine investor confidence. Historical stock reactions show significant declines following revenue misses.

How important is it?

The article covers vital financial performance and legal concerns impacting Hims & Hers directly.

Why Short Term?

Q2 performance and controversies can affect immediate investor sentiment. Previous declines in 2022 show rapid market responses to negative news.

Related Companies

Related News