Hims & Hers spotlights increased year-over-year and 2023 Q4 revenue

### Article Analysis:
**Highlights:**
1. Hims & Hers Health reported a significant increase in revenue for Q4, totaling $246.6 million compared to $167.2 million in Q4 2022. Year-over-year revenue for 2023 was $872.0 million compared to $526.9 million in 2022.
2. The company reported a net income of $1.2 million for Q4, a positive change from a net loss of $10.9 million in the same period in 2022. However, for the full year of 2023, there was a net loss of $23.5 million compared to $65.7 million in 2022.
3. Hims & Hers saw growth in subscribers, with a 48% year-over-year increase in Q4 2023, reaching 1.5 million subscribers. The company’s adjusted EBITDA also showed improvement, reaching $20.6 million for Q4 2023.
**Summary:**
Hims & Hers Health, a direct-to-consumer virtual care company based in San Francisco, reported impressive financial results for Q4 2023, with a notable increase in revenue, net income, and subscriber growth. Despite a net loss for the full year of 2023, the company remains optimistic about future profitability and expansion of its services. The company’s focus on personalized and accessible treatments in core specialties has contributed to its success and aims to reach $1 billion in revenue in 2024.
Editorial content by NewsSIP AI