Hinge Health (HNGE) Soars 8% on Upbeat Outlook

We recently published 10 Stocks Beating Wall Street at its Own Game. Hinge Health Inc. (NYSE:HNGE) is one of the best-performing stocks on Wednesday.

Hinge Health snapped a five-day losing streak on Wednesday, adding 8.57 percent to close at $44.10 apiece as investors cheered its higher growth outlook for full-year 2025 despite a mixed earnings performance in the third quarter.

In a statement, Hinge Health Inc. (NYSE:HNGE) said it is increasing its revenue guidance to a range of $572 million to $574 million, or a year-on-year growth of 47 percent at the midpoint.

For the fourth quarter alone, revenues are expected to be between $155 million to $157 million, or a year-on-year growth of 33 percent.

In the third quarter of the year, Hinge Health Inc. (NYSE:HNGE) swung to a net loss of $1.844 million from a $341,000 net income in the same period last year. Revenues, on the other hand, increased by 53 percent to $154 million from $100.6 million year-on-year.

“With healthcare costs rising dramatically, our mission to automate care delivery has never been more urgent,” Hinge Health Inc. (NYSE:HNGE) CEO Daniel Perez.

“This quarter we surpassed 1.5 million lifetime members, delivered year-over-year revenue growth of 53 percent, and generated record free cash flow. Our AI-powered platform is transforming care at scale, increasing engagement for our members and reducing healthcare costs for our clients.”

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Disclosure: None. This article is originally published at Insider Monkey.