LifeStance Health up on higher-than-estimated 2023 sales
08/03/2023 15:43
** Shares of LifeStance Health Group Inc LFST.O up 26.6%
to $6 - record high pct gain
** Mental healthcare provider forecast its 2023 sales to be
in range of $980 mln to $1.02 bln, higher than analysts'
estimate of 972.2 mln - Refinitiv data urn:newsml:reuters.com:*:nGNX18scLq
** LFST expects Q1 revenue of $242 mln to $252 mln, beating
analysts' estimates of $237.5 mln - Refinitiv data
** Q4 sales increased 21% to $229.4 mln vs estimates of
$216.6 mln - Refinitiv data
** LFST was down ~48% last year
(Reporting by Khushi Mandowara in Bengaluru)
((Khushi.Mandowara@thomsonreuters.com;))