India, May 8 -- Progyny Inc. (PGNY) reported on Thursday the first-quarter financial results and provided an updated outlook for the second quarter and full year 2026.
The company specializes in providing women's health and family-building solutions, utilizing education and digital tools alongside a network of health specialists.
At the end of the first quarter, the company had 595 fertility and family building clients.
Q1 2026:
The company recorded net revenues of $328.50 million in Q1 2026, relatively stable compared to the $324.04 million reported a year ago. This includes $209.40 million earned through fertility benefits and $119.10 million through the pharmacy benefits program.
Gross profits were $83.07 million with gross margins ...