Progyny reported strong Q3 results, exceeding revenue and profitability guidance while significantly expanding its client base, resulting in a quarterly revenue guidance increase of over $70 million.
- Q3 revenue and adjusted EBITDA surpassed expectations, leading to raised full-year guidance for the third consecutive quarter.
- Acquired over 80 new logos and 900,000 covered lives during the recent selling season, demonstrating strong demand for family-building and women's health solutions.
- Achieved nearly 100% renewal rate of existing clients and expanded benefits for nearly 30% of clients for 2026, validating market leadership.
- New services in pregnancy postpartum and menopause have gained notable traction, adding access for 2.7 million members next year.
- White House initiative to expand access to fertility care represents a positive outlook for Progyny, especially in the small and midsized employer market.
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