Hims & Hers Health CFO To Step Down; Reaffirms Outlook

  • Hims & Hers Health Inc HIMS has announced that Spencer Lee will step down as its Chief Financial Officer.
  • Lee will lead a six-month transition plan and continue to support the company until a new CFO is appointed to ensure a smooth transition.
  • The search for a new CFO is being led by Co-Founder and CEO Andrew Dudum.
  • Hims & Hers Health also reaffirmed its financial guidance for Q3 and full-year 2021.
  • For Q3, the company expects revenue of $69 million - $71 million versus the consensus of $56.49 million.
  • For FY21, Revenue of $251 million - $255 million versus the consensus of $253.89 million.
  • Price Action: HIMS shares are trading higher by 4.57% at $8.58 on the last check Tuesday.
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