| 0 Hims & Hers Health, Inc. (“Hims & Hers”, NYSE: HIMS), a multi-specialty telehealth platform that connects consumers to licensed healthcare professionals, today reported financial results for the first quarter ending March 31, 2021. “Building on our momentum from last year, Hims & Hers kicked off 2021 with a very strong first quarter, delivering robust revenue growth of 74%, gross profit growth of 95%, and ending the quarter with 391,000 subscriptions on our platform, up nearly 80% year-over-year, said Andrew Dudum, CEO and co-founder of Hims & Hers. “We made significant headway on our mission of making the highest quality, personalized healthcare accessible to everyone, and we continued to set ourselves apart in the industry with our unified and fully verticalized front door to care.”
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Consumer telehealth and wellness brand Hims & Hers came out on top of its projections for the first quarter of 2021, according to its financial results report released today.
In its report from Q4 2020, Hims & Hers estimated its revenue to total between $48 million and $50 million, while adjusted EBITDA was expected to land within -$9.5 million and -$11.5 million.
“Building on our momentum from last year, Hims & Hers kicked off 2021 with a very strong first quarter, delivering robust revenue growth of 74%, gross profit growth of 95%, and ending the quarter with 391,000 subscriptions on our platform, up nearly 80% year-over-year, Andrew Dudum, CEO and cofounder of Hims & Hers said in a statement.
Is Oaktree Acquisition Corp. (OACB) A Smart Long-Term Buy?
Alphyn Capital Management, an investment management firm, published its first quarter 2021 investor letter – a copy of which can be downloaded here. A return of 6.8% was reported by the fund in the Q1 of 2021, outperforming its S&P 500 TR benchmark that delivered a 6.2% return in the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Alphyn Capital Management, in their Q1 2021 investor letter, mentioned Oaktree Acquisition Corp. II (NYSE: OACB) and shared their insights on the company. Oaktree Acquisition Corp. II is a Los Angeles, California-based blank check company that currently has a $312.8 million market capitalization. Since the beginning of the year, OACB delivered a -4.58% return, while its 3-month gains are down by -5.92%. As of April 12, 2021, the stock closed at $10.01 per share.
Jennifer Lopez and Alex Rodriguez struggle to split their assets following break up. after the superstar couple invested in businesses together and tried to buy the Mets
Lopez, 51, and Rodriguez, 45, were reported to have broken up on Friday, after dating since 2017 and getting engaged in 2019
The former couple have multiple investment entanglements that will be difficult to separate
The famously tried to buy the New York Mets in 2020, but were outbid by hedge fund manager Steve Cohen
The couple invested in the wellness company Hims & Hers, which earned them as much as $79 million when it went public in January
They also made a minority investment in Super Coffee and have promoted Quay Australia sunglasses and the fitness app Fitplan
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Lopez, 51, and Rodriguez, 45, were reported to have broken up on Friday, after dating since 2017 and getting engaged in 2019
The former couple have multiple investment entanglements that will be difficult to separate
The famously tried to buy the New York Mets in 2020, but were outbid by hedge fund manager Steve Cohen
The couple invested in the wellness company Hims & Hers, which earned them as much as $79 million when it went public in January