Hinge Health, Inc. (HNGE) experienced a significant surge of 9.55% in after-hours trading on Tuesday, following the release of its first-quarter financial results.
The digital health company reported a substantial 105% year-over-year increase in net income to $35.13 million, with revenue climbing 47% to $182.3 million. Both metrics exceeded analyst expectations, with adjusted earnings per share of $0.45 beating the consensus estimate of $0.38.
Management raised its full-year 2026 revenue outlook to a range of $798 million to $804 million, up significantly from prior guidance of $732 million to $742 million. The company also increased its forecast for adjusted operating income. CEO Daniel Perez highlighted the company's expansion into new care categories, such as its recently launched Migraine Care Program, indicating a long growth runway in the broader healthcare market.
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