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News  ›  The Motley Fool

Why Progyny Stock Is Soaring Today

The Motley Fool Logo The Motley Fool By Josh Kohn-Lindquist
Why Progyny Stock Is Soaring Today

Progyny reported strong Q3 earnings with 9% sales growth and 23% adjusted growth, maintaining high client retention and demonstrating resilience after losing Amazon as a customer.

Insights
PGNY   positive

Exceeded analyst expectations, showed 23% adjusted sales growth, maintained near-100% client retention, and has strong financial position with $300M cash and $200M stock buyback