Health In Tech (NASDAQ: HIT) Expands AI-Powered Insurance Platform – Zacks Report & More Stocks Inside

April 17 15:28 2025
Health In Tech (NASDAQ: HIT) Expands AI-Powered Insurance Platform - Zacks Report & More Stocks Inside

Health In Tech (NASDAQ: HIT), a fast-growing AI-powered insurtech, reported Q1 2025 revenue of $8.0M, up 56% YoY, exceeding estimates. Its platform now supports 24,307 enrolled employees, reflecting a 16.8% increase in usage and strong market penetration.

With 80% of quotes processed automatically via AI, HIT continues to streamline health insurance for businesses of all sizes—slashing underwriting times from weeks to minutes. Operating margins also expanded, with pretax income hitting $0.7M (8.5% margin vs. 3.7% last year).

HIT is scaling rapidly while aiming to lower healthcare costs and improve access through tech innovation. Full-year revenue is now projected at $24.1M, up from previous estimates. Read Entire Zack SmallCap Report

Other Noteworthy Stocks Making Headlines:

  • Adagio Medical Holdings Inc. (NASDAQ: ADGM) has received FDA Breakthrough Device Designation for its vCLAS™ Cryoablation System, targeting treatment for ventricular tachycardia.
  • Power Metallic (OTCQB: PNPNF | TSX.V: PNPN) continues to report high-grade polymetallic discoveries at its Nisk Project in Quebec, expanding its exploration zones and increasing drilling activities. ​
  • American Resources Corporation (NASDAQ: AREC) is advancing its rare earth element purification capabilities through its subsidiary ReElement Technologies, aiming to bolster the domestic supply chain for critical materials. ​
  • Netflix Inc. (NASDAQ: NFLX) is set to release its Q1 earnings today, with options markets anticipating a significant stock movement. The company has recently expanded its live event offerings, including NFL games and major boxing matches, and aims to double its revenue by 2030. ​

As Health In Tech (NASDAQ: HIT) continues its strong growth trajectory, investors should also keep an eye on Adagio Medical Holdings Inc. (NASDAQ: ADGM), Power Metallic (OTCQB: PNPNF | TSX.V: PNPN), American Resources (NASDAQ: AREC), and Netflix Inc. (NASDAQ: NFLX), all of which are making significant moves in their respective sectors and poised for potential market impact.

 

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