Progyny, Inc. (PGNY) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for holding. We sincerely. Good day, everyone. Welcome to the Progeny Inc. Second Quarter 2025 earnings call. At this time, all participants have been placed on a listen-only mode, and the floor will be open for your questions and comments after the presentation. It is now my pleasure to turn the floor over to your host, James Hart. The floor is yours. Thank you, Kelly, and good afternoon, everyone. Welcome to our Second Quarter conference call. With me today are Pete Inesky, CEO of Progeny, Michael Sturmer, President, and Mark Livingston, CFO. We will begin with some prepared remarks before we open the call for your questions. Before we begin, I'd like to remind you that our comments and responses to your questions today reflect management's views as of today only, and will include statements related to our financial outlook for both the third quarter and full year 2025, and the assumptions and drivers underlying such guidance. Our anticipated number of clients and covered lives for 2025, the demands for our solutions, our expectations for our selling season for 2026 launches, anticipated employment levels of our clients and the industries that we serve, the timing of clients' decisions, our expected utilization rates and mix, the potential benefit of our solutions, our ability to acquire new clients and retain and upsell existing clients, our market opportunity, and our business strategy, plans, goals, and expectations concerning our market position, future operations, and other financial and operating information, which are forward-looking statements under the federal security law. Actual results may differ materially from those contained in or implied by these forward-looking statements, due to risks and uncertainties associated with our business as wel...