Reported 24 days ago
Hinge Health has reported impressive second quarter earnings of $139 million, marking a 55% year-over-year increase and surpassing Wall Street expectations. CEO Daniel Perez highlighted the importance of long-term planning in driving sustainable growth, while also acknowledging operational challenges, including a significant gap loss due to stock vesting post-IPO. Despite concerns, the company is seeing strong cash flow and aims to automate more in-person healthcare interactions through innovative technology.
Source: YAHOO