Progyny CEO Says Election Didn't Contribute to Weak 3Q -- Market Talk

Dow Jones11-14

1324 ET - It is unlikely that the election contributed to Progyny's weaker-than-expected 3Q results, or that future politics will affect upcoming quarters. CEO Pete Anevski says on a call with analysts that "it's hard to say whether or not the election had any impact on utilization or not," adding there's no concrete evidence that it did. "I'd be guessing if I commented further," he says. And while reproductive rights were a hotly debated topic during the election, Anevski says fertility shouldn't be affected by future politics. "On both sides of the aisle, they talked about protecting fertility," he says. "And so, that's positive." Shares fall 19% after Progyny, which provides fertility care insurance coverage for employers, cut its FY outlook and guided for a downbeat 4Q. (connor.hart@wsj.com)

(END) Dow Jones Newswires

November 13, 2024 13:24 ET (18:24 GMT)

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And while reproductive rights were a hotly debated topic during the election, Anevski says fertility shouldn't be affected by future politics. \"On both sides of the aisle, they talked about protecting fertility,\" he says. \"And so, that's positive.\" Shares fall 19% after Progyny, which provides fertility care insurance coverage for employers, cut its FY outlook and guided for a downbeat 4Q. 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CEO Pete Anevski says on a call with ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PGNY","symbol_name":"Progyny","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2483045858","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483045858","pubTimestamp":1731522240,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1324 ET - It is unlikely that the election contributed to Progyny's weaker-than-expected 3Q results, or that future politics will affect upcoming quarters. CEO Pete Anevski says on a call with analysts that \"it's hard to say whether or not the election had any impact on utilization or not,\" adding there's no concrete evidence that it did. \"I'd be guessing if I commented further,\" he says. And while reproductive rights were a hotly debated topic during the election, Anevski says fertility shouldn't be affected by future politics. \"On both sides of the aisle, they talked about protecting fertility,\" he says. \"And so, that's positive.\" Shares fall 19% after Progyny, which provides fertility care insurance coverage for employers, cut its FY outlook and guided for a downbeat 4Q. 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