NEW YORK (AP) — NEW YORK (AP) — Progyny Inc. (PGNY) on Monday reported fourth-quarter net income of $3.4 million.
The New York-based company said it had profit of 3 cents per share.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share.
The provider of fertility and family building benefits posted revenue of $214.3 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $211.2 million.
For the year, the company reported profit of $30.4 million, or 30 cents per share. Revenue was reported as $786.9 million.
For the current quarter ending in March, Progyny said it expects revenue in the range of $245 million to $250 million.
The company expects full-year revenue in the range of $1 billion to $1.03 billion.
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