Progyny, Inc. (PGNY) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for holding. We look forward to talking with you soon. Please hold the line, and we'll be right back with you. Good afternoon, and welcome to the Progeny, Inc. Earnings Conference Call. At this time, all participants have been placed on a listen-only mode, and we'll open the floor for your questions and comments after the presentation. I'd now like to turn the call over to your host, James Hart. James, the floor is yours. Thank you, Tom, and good afternoon, everyone. Welcome to our third quarter conference call. With me today are Pete Ineske, CEO of Progeny, Michael Stermer, 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 fourth quarter and full year 2025 and the assumptions and drivers underlying such guidance, our anticipated number of clients and covered lives for both 2025 and 2026, the demand for our solutions, anticipated employment levels of our clients in the industries that we serve, our expected utilization rates and mix, the potential benefits of our solution, 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 securities 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 well as other im...