Dev's questions to Progyny Inc (PGNY) leadership • Q2 2025
Question
An analyst from Bank of America, on for Allen Lutz, asked about the implied revenue per ART cycle for the second half of 2025 and questioned which of the new adjacent products would be the most significant near-term growth driver.
Answer
CFO Mark Livingston explained that revenue per ART cycle appears higher in H1 due to a high volume of initial consults, and the full-year metric is consistent with prior guidance. President Michael Sturmer noted active client conversations across all new products, while CEO Peter Anevski added that no single new product is expected to have a materially different contribution long-term.