Hinge Health co-founders, Gabriel Mecklenburg and Daniel Perez observe its archetypal nationalist offering astatine the New York Stock Exchange connected May 22, 2025.
NYSE
Shares of Hinge Health popped 10% successful extended trading connected Tuesday aft the integer carnal therapy institution reported quarterly results for the archetypal clip since its debut connected the New York Stock Exchange successful May.
Here's however the institution did based connected mean analysts' estimates compiled by LSEG:
- Loss: Loss per stock of $13.10. That whitethorn not comparison with the 9 cents per stock net expected
- Revenue: $139 cardinal vs. $125 cardinal expected
Revenue astatine Hinge accrued 55% successful the 2nd 4th from $89.8 cardinal during the aforesaid play past year, according to a release.
Hinge reported a nett nonaccomplishment of $575.65 million, oregon $13.10 per share, compared to a nonaccomplishment of $12.93 million, a nonaccomplishment of 96 cents per share, during the aforesaid play a twelvemonth earlier. The institution said its GAAP nonaccomplishment from operations was $580.7 million, which included $591.0 cardinal from stock-based compensation expenses.
"We're inactive introducing ourselves to the world," Hinge CEO Daniel Perez told CNBC successful an interrogation connected Tuesday. "The astir important happening I'd anticipation for radical to instrumentality distant is the semipermanent imaginable of utilizing bundle and connected hardware to automate attraction transportation itself."
Hinge, founded successful 2014, uses bundle to assistance patients dainty acute musculoskeletal injuries, chronic symptom and transportation retired post-surgery rehabilitation remotely.
Hinge said it expects to study gross betwixt $141 cardinal and $143 cardinal during its 3rd quarter. LSEG analysts were expecting $129 million.
For the afloat year, the institution said it expects gross of $548 cardinal to $552 million, which besides bushed the $511 cardinal expected by LSEG analysts.
The banal opened astatine $39.25 successful May, rising 23% from its $32 IPO price. Shares of Hinge closed astatine $48.22 connected Tuesday.
"We judge we're fundamentally reshaping however attraction tin beryllium delivered much efficaciously and efficiently," Perez said during the company's quarterly telephone with investors.
Hinge Health 3 period banal chart.
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