Hinge Health wrapped up another strong quarter — its second as a public company — as its results beat Wall Street expectations and the company boosted its 2025 outlook. The virtual physical therapy company, which went public in late May, brought in third-quarter revenue of $154 million, up 53% from the same period a year ago. The company’s strong free cash flow allows it to continue investing in organic growth while giving it the optionality to evaluate and execute targeted M&A opportunities and return capital to stockholders, Daniel Perez, co-founder and CEO of Hinge Health, told investors and analysts. Hinge Health sees big opportunities to automate other aspects of healthcare delivery and plans to expand beyond musculoskeletal care.
Read the full article: Hinge Health Q3 Revenue Jumps 53% as Company Eyes M&A, New Services Beyond Physical Therapy //
Source: https://www.fiercehealthcare.com/health-tech/hinge-health-q3-revenue-jumps-53-154m-company-eyes-ma-expansion-outside-physical