MobiHealth News March 4, 2024
The virtual care company reported a 65% increase in revenue in 2023 compared to 2022 and a 47% increase in Q4 2023 revenue compared to the previous year.
Direct-to-consumer virtual care company Hims & Hers Health reported a total of $246.6 million in revenue for Q4 compared to $167.2 million for the fourth quarter of 2022 and total year-over-year revenue in 2023 of $872.0 million compared to $526.9 million for 2022.
The San Francisco-based company reported a net income for the fourth quarter of $1.2 million compared to a net loss of $10.9 million in Q4 2022.
For 2023, the company had a net loss of $23.5 million compared to $65.7 million in the prior year.
Its...
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