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Progyny (PGNY) Stock News, Mar-Jun 2023

PGNY Nasdaq

Progyny, Inc. reports developments in women's health and family building benefits, including fertility care access, employer demand, product expansion, and financial results. The company provides benefit solutions for employers, health plans, and benefit purchasers, combining concierge support, coaching, education, digital tools, and access to a network of fertility and women's health specialists.

Recurring updates include quarterly earnings, financial guidance, selling-season activity, share repurchases, investor conference appearances, and offerings such as Progyny Select, a fully insured supplemental fertility and family building plan for small U.S. employers.

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Progyny, Inc. (Nasdaq: PGNY) will report its financial results for the quarter ending March 31, 2023, on May 8, 2023, after market close. The company will host a conference call at 4:45 PM ET to discuss these results. Interested participants can access the call by dialing specific numbers provided for U.S. and international participants using the passcode 265484. An audio replay will be available until May 15, 2023. Progyny specializes in fertility benefits management, offering comprehensive solutions that include education, access to specialists, and cost reduction for employers. The company has received recognition from several reputable organizations for its growth and leadership in the healthcare sector.

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Progyny, Inc. (Nasdaq: PGNY), a leader in fertility benefits management, is partnering with RESOLVE: The National Infertility Association to raise awareness during National Infertility Awareness Week 2023. This includes lighting the Empire State Building in orange and ringing the Nasdaq Closing Bell on April 25, 2023. The CDC reports that 1 in 5 married women in the U.S. face infertility issues, highlighting the struggles many endure to build families. Progyny’s CEO, Pete Anevski, emphasizes the company’s commitment to supporting individuals facing infertility, with successful outcomes for tens of thousands so far. The ceremony aims to amplify this message, reaching audiences beyond New York City. Celebrities like Adrienne Bailon-Houghton are also involved, advocating for increased access to family building care. This collaboration reflects a significant step in addressing infertility stigma.

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Progyny, Inc. (Nasdaq: PGNY) recently appointed Dr. Janet Choi as Chief Medical Officer, leveraging over 20 years of experience in reproductive health. Formerly the Medical Director at CCRM New York, Dr. Choi will advance the company’s clinical strategy in family building benefits. Her leadership aims to enhance quality and effectiveness in care, emphasizing the importance of inclusive employer-sponsored benefits. Dr. Choi is a recognized expert, having been featured in New York Magazine’s Top Doctors and Castle Connolly’s 'Top Doctors.' This strategic addition signals Progyny's commitment to pioneering solutions in women's health and fertility benefits.

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Progyny, Inc. (Nasdaq: PGNY) has announced a partnership with the Children's Hospital Association (CHA), serving over 220 children’s hospitals. This collaboration positions Progyny as CHA's preferred provider for fertility and family building benefits, emphasizing clinical outcomes and cost efficiency. The partnership allows member hospitals to engage directly with Progyny for customizable plans that support healthcare professionals and their families. Progyny aims to enhance recruitment and retention in hospitals by offering access to over 950 top fertility specialists and dedicated fertility coaching.

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Progyny, Inc. (Nasdaq: PGNY), a leader in fertility benefits management, announced a virtual fireside chat featuring CEO Pete Anevski and CFO Mark Livingston at the KeyBanc Life Sciences & MedTech Investor Forum on March 21, 2023, at 2:15 PM ET. This event will be accessible via live audiocast on Progyny's investor website. The company aims to redefine fertility and family-building benefits, offering comprehensive solutions that benefit employers, patients, and physicians. Recognized by various organizations, Progyny seeks to empower individuals in their family-building journeys.

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Progyny, Inc. (Nasdaq: PGNY) announced a significant expansion of its provider network to include reproductive urologists (RUs), addressing a critical aspect of male-factor infertility. This move enhances access to quality urological care, complementing Progyny's existing network of over 650 clinics and 950 fertility specialists. Male-factor infertility represents approximately one-third of infertility cases, highlighting the importance of this expansion. The company collaborated with its reproductive endocrinology partners to ensure RUs meet high standards. CEO Pete Anevski emphasized the need for comprehensive infertility solutions, underlining the commitment to supporting all individuals seeking parenthood.

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FAQ

What is the current stock price of Progyny (PGNY)?

Progyny (PGNY) last closed at $28.97.

What is the market cap of Progyny (PGNY)?

The market cap of Progyny (PGNY) is approximately $2.2B.