Hims & Hers shares pop 13% on big sales jump

Hims & Hers Health Inc.’s HIMS, -4.55% stock jumped 13% in extended trading Tuesday after the company reported fiscal fourth-quarter revenue that exceeded Wall Street analysts’ forecasts. Hims & Hers reported a net loss of $31.2 million, compared with a net loss of $5.2 million in the year-ago quarter. Revenue more than doubled to $84.7 million from $41.5 million a year ago. Analysts surveyed by FactSet had expected a net loss of 9 cents a share on revenue of $76.8 million. Hims & Hers’ stock has plunged 36% this year, while the broader S&P 500 index SPX, -1.01% has declined 10%.