Him & Hers earnings beat estimates, CEO weighs in on campus protests
Welcome back to Squat Fox. This morning shares of HIMS and HERS Health are rising. This morning the company reported to earnings of $0.05 per share, beating estimates by a penny. Or of a penny I should say. Revenue Also beating and subscribers arose by 41% to around 1.7 million. The company raised its full year guidance, but a lot of folks got on that call to listen to this. CEO Andrew Dunham addressed his recent comments in which he praised pro Palestinian protesters and said he and other executives were eager to hire them. This is what he had to say about it. I’m deeply saddened that my support for peaceful protest has been interpreted by some as encouraging violence, intimidation, or bigotry of any kind. I do believe deeply in the right for people to use their voices in peaceful protest to drive change. This right is critical to our democracy and must be protected. Our world today is more just because students throughout history have courageously taken to their campuses and use their voices to force change. In response to an analyst’s question, the CEO said he didn’t expect his comments to have any material impact on the company’s business, Though we did see the stock fall after those original comments and a whole flurry of comments on Reddit and Twitter and others customers saying that they had no interest in using the service anymore. So we’re going to have to watch to see next quarter what things look like. Joe Yeah, that was like rote. Yeah, we all agree with that. We just just don’t like when Jewish kids can’t go to school and they’re they someone might get hurt eventually. And you know, there’s no classes. And that’s what we’re telling you. We know that. We all agree. We know about the right to protest. We got that. I don’t even know. I keep seeing ads for that company. I don’t know what the hell that company is. I think it’s. I mean if if you’re you need Ed, they got that. If you’re bald, they got that. If you’re if. If not if being infinite and bald make you depressed. They got something for that. Do you know what the hell that company does Sorkin do you know you you know it. Well, I don’t. I don’t need to just I don’t need to redescribe. Hey, hold on there. I’m not bald. I understand that. No, but what the hell is that company? What’s the hers part? What? I don’t. It’s a $2,000,000 company that. What’s that? I think they sell a whole bunch of products that are are somewhat similar on the other side For for you’re pretending you’re totally like naive about this company and you know every other company. You know AI, you gotta stand up by this company. But I just it it’s, you know, total ignorance about the feeling. I’m feeling uncomfortable already. I’m looking for a safe space. I’m looking for a space. I’m seriously, they got like, cradle. I watch. It’s like, what do you do? It’s like they they talk about like, curing everything. It’s so weird. I don’t know. I get up a lot at night. You got anything for that? I mean, it’s crazy. Just keep you melatonin. Melatonin. No. That. Then I’m going to need something from Procter and Gamble if I’m like totally asleep because I do need to get up. Andrew. I don’t know, maybe that’s called coffee. That’s called coffee.