03:42 AM EDT, 08/07/2024 (MT Newswires) -- Progyny ( PGNY ) reported Q2 adjusted earnings late Tuesday of $0.43 per diluted share, up from $0.36 a year earlier.

Analysts polled by Capital IQ expected $0.40.

Revenue for the quarter ended June 30 was $304.1 million, compared with $279.4 million a year earlier.

Analysts surveyed by Capital IQ expected $304.8 million.

For Q3, the company expects revenue to be $290 million to $303 million and adjusted earnings per diluted share of $0.35 to $0.38. Analysts surveyed by Capital IQ expect adjusted earnings of $0.42 on $314.8 million of revenue.

The company lowered its 2024 adjusted diluted earnings per share forecast to $1.53 to $1.61 from $1.61 to $1.68 previously. Analysts surveyed by Capital IQ expect $1.62. The company also trimmed its revenue guidance for the year to $1.17 billion to $1.20 billion from $1.23 billion to $1.27 billion. Analysts polled by Capital IQ expect $1.22 billion.

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