Dive Brief:

Hinge Health beat investor expectations on revenue in the digital musculoskeletal care company’s first public earnings results.

Revenue increased 55% year over year to $139.1 million in the second quarter , the firm said in earnings released Tuesday.

The digital health company reported an operational loss of $580.7 million, compared with $17.6 million last year, driven by a stock-based compensation expense largely related to Hinge’s recent IPO, a spokesperson told Healthcare Dive.

Dive Insight:

Hinge, founded more than a decade ago, went public in May — one of just a few digital health firms to complete an IPO in recent years.

Though a number of digital health companies hit the public markets amid an investment b

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