Hinge Health co -founders, Gabriel Mecklenburg and Daniel Pérez celebrate their initial public offer in the New York Stock Exchange on May 22, 2025.
NYSE
Actions of Hinge health 6% appeared in the trade extended on Tuesday after the digital physiotherapy company reported quarterly results for the first time since its debut in the New York Stock Exchange in May.
This is how the company was based on the estimates of the average analysts compiled by LSE:
- Loss: Loss per share of $ 13.10. That cannot be compared to the earnings of 9 cents per expected action
- Revenue: $ 139 million compared to $ 125 million
Income in the hinge increased 55% in the second quarter of $ 89.8 million during the same period last year, according to a statement.
Hinge reported a net loss of $ 575.65 million, or $ 13.10 per share, compared to a loss of $ 12.93 million, a loss of 96 cents per share, during the same period of the previous year. The company said its GAAP loss of operations was $ 580.7 million, which included $ 591.0 million of shares -based compensation expenses.
“We are still introducing ourselves to the world,” said Hinge CEO, Daniel Pérez, CNBC in an interview on Tuesday. “The most important thing that I hope people take is the long -term potential to use software and hardware connected to automate the service provision itself.”
Hinge, founded in 2014, uses software to help patients treat acute musculoskeletal lesions, chronic pain and carry out rehabilitation after surgery remotely.
The second quarter with 2,359 clients ended, 39% more than 1,785 customers during the same period last year.
Hinge said he hopes to inform the income between $ 141 million and $ 143 million during his third quarter. LSE analysts expected $ 129 million. For the whole year, the company said it expects revenues from $ 548 million to $ 552 million, which also exceeded the $ 511 million expected by LSE analysts.
The action opened to $ 39.25 in May, increasing 23% of its OPO price of $ 32. Hinge shares closed to $ 48.22 on Tuesday.
“We believe we are fundamentally remodeling how attention can be given more effectively and efficiently,” Pérez said during the company's quarterly so -called investors.
3 -month sharing chart for hinge.
