Health In Tech (HIT) Announced Results for its Fiscal Second Quarter of 2025
Health In Tech (HIT) Announced Results for its Fiscal Second Quarter of 2025

Health In Tech (HIT) Announced Results for its Fiscal Second Quarter of 2025

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Health In Tech (HIT) Announced Results for its Fiscal Second Quarter of 2025

Health In Tech, Inc. (NASDAQ:HIT) announced results for its fiscal second quarter of 2025. The company reported its revenue surged to $9.3 million for the quarter, reflecting an 86% increase year-over-year. Management noted that the billed enrolled employees climbed to 24,839, up by 5,738 compared to last year. HIT is an Insurtech platform company that uses third-party AI technology to streamline and simplify healthcare insurance processes.

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Health In Tech, Inc. (NASDAQ:HIT) is one of the High Growth Penny Stocks That Are Profitable in 20255. On July 21, Health In Tech, Inc. (NASDAQ:HIT) announced results for its fiscal second quarter of 2025.

The company reported its revenue surged to $9.3 million for the quarter, reflecting an 86% increase year-over-year. Notably, the first half revenue reached $17.3 million, which is already 89% of the company’s full 2024 revenue. Management noted that the billed enrolled employees climbed to 24,839, up by 5,738 compared to last year. In addition, the company’s distribution network grew significantly, as brokers, third-party administrators, and agencies reached 778 partners, an 87% increase.

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A patient viewing their medical diagnosis on a digital healthcare ecosystem.

Health In Tech, Inc. (NASDAQ:HIT) also grew its profitability as pre-tax income more than doubled to reach $0.8 million for the quarter and $1.5 million for the first half of the year.

Health In Tech, Inc. (NASDAQ:HIT) is an Insurtech platform company that uses third-party AI technology to streamline and simplify healthcare insurance processes.

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Disclosure: None. This article is originally published at Insider Monkey.

Source: Finance.yahoo.com | View original article

Source: https://finance.yahoo.com/news/health-tech-hit-announced-results-062717431.html

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