Fierce Healthcare May 10, 2022
Business is booming for consumer telehealth and wellness brand Hims & Hers as the company charted 94% revenue growth in the first quarter, surpassing $100 million during one quarter for the first time.
The company’s top line of $101 million beat both the company’s expectations and Wall Street estimates. Hims & Hers reported $52 million in quarterly revenue a year ago.
Hims & Hers is a telehealth company that sells prescription and over-the-counter drugs online, as well as personal care products. The company started with four products and has since added a women’s health business, called Hers, that focuses on birth control, sexual health and skin and hair care products.
In response to the COVID-19 pandemic, Hims...