LifeStance Health rises on better-than-expected 2025 revenue forecast

LifeStance Health

27/02/2025 12:00

** Shares of mental health treatment provider LifeStance Health Group LFST.O up 5.19% at $7.90 premarket

** Company forecast 2025 revenue between $1.40 billion and $1.44 billion, vs analysts' estimate of $1.39 billion, according to data compiled by LSEG

** Company posts Q4 revenue of $325.5 million on improvements in total revenue per visit and higher visit volumes, beating estimate of $313.7 million

** Expects first-quarter revenue of $320 million to $340 million, compared to estimate of $339.6 million

** Separately, company also appoints insider Dave Bourdon as CEO effective March 3, succeeding Ken Burdick, who will serve as executive chairman

** LFST has risen 17.5% in the last 12 months

 (Reporting by Siddhi Mahatole)

 ((Siddhiprabhanjan.mahatole@thomsonreuters.com))