Hims & Hers Health raises revenue outlook to $3.1 billion-$3.3 billion

Hims & Hers Health raised its revenue projections for the year to $3.1 billion to $3.3 billion, up from its previous $2.8 billion to $3 billion forecast, signaling stronger expected sales momentum at the telehealth platform. The company also increased its outlook for a key adjusted earnings metric. Even so, higher costs left Hims & Hers with a loss in the second quarter. Shares were up 0.57%.

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