Health In Tech Inc reports results for the quarter ended June 30 - Earnings Summary
Health In Tech Inc reports results for the quarter ended June 30 - Earnings Summary
Health In Tech Inc HIT.OQ reported a quarterly adjusted loss of 3 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 1 cents. The mean expectation of three analysts for the quarter was for a loss of 2 cents per share. Wall Street expected results to range from -3 cents to -2 cents per share.
Revenue fell 13.5% to $8.06 million from a year ago; analysts expected $7.55 million.
Health In Tech Inc's reported EPS for the quarter was a loss of 4 cents.
The company reported a quarterly loss of $2.51 million.
Health In Tech Inc shares had risen by 1.0% this quarter and lost 35.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts was unchanged in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the life & health insurance peer group is also "buy"
Wall Street's median 12-month price target for Health In Tech Inc is $4.00, about 74.5% above its last closing price of $1.02
This summary was machine generated from LSEG data August 13 at 09:56 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | -0.02 | -0.03 | Missed |
Mar. 31 2026 | -0.03 | -0.03 | Met |
Dec. 31 2025 | -0.01 | 0.00 | Beat |
Sep. 30 2025 | 0.01 | 0.01 | Met |
Recent news on Health In Tech
See all newsBrief: Health In Tech Appoints Sanjay Shrestha As Chief Executive Officer To Lead Next Phase Of Growth And Strategic Expansion
Brief: Health In Tech Launches Hitrix, A Broker-First Environment For Self-Funded Stop-Loss Placement
Brief: Health In Tech Launches Hitrix To Modernize The Nearly $1 Trillion U.S. Self-Funded Health Insurance Market
Brief: Health In Tech Files For Offering Of Up To 29.5 Mln Class A Shares By Selling Stockholder
Health In Tech Inc reports results for the quarter ended June 30 - Earnings Summary