Hims & Hers (HIMS) Reports $92M Loss, Revenues Rise 4% to $608M

Hims & Hers (HIMS) reported a net loss of $92 million in its first quarter, compared to a loss of $50 million a year prior. Adjusted EBITDA decreased to $44 million from $91 million in the same quarter last year, while revenue increased 4% to $608 million. The company expects second-quarter revenue between $680 million and $700 million, with full-year revenue anticipated to be up to $3 billion. Hims & Hers shares fell nearly 13% following the earnings report and weak guidance, which analysts considered 'mixed'.