Can Hims & Hers' Branded Pivot Pay Off? Hims & Hers Health, Inc. 's latest earnings report has left investors puzzled. On one hand, the company's revenue continues to soar, with a 38% year over year increase in Q2.
Subscribers have reached 2. 89 million, up 19% from last quarter, and monthly revenue per average subscriber climbed 21% to $92. However, net losses are mounting, reaching $86.
3 million a staggering 37 cents per share. The company's decision to pivot towards branded weight loss drugs has led to a significant increase in revenue, but at what cost?