Talkspace Inc reports results for the quarter ended in December - Earnings Summary

Talkspace,.

23/02/2024 03:05

* Talkspace Inc  TALK.OQ  reported a quarterly adjusted loss
of 1
cent​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of -11
cents.  The mean expectation of three analysts for the quarter
was for a loss of 3 cents per share. 
    * Revenue rose 40.3% to $42.42 million from a year ago;
analysts
expected $38.79 million. 
    * Talkspace Inc's reported EPS for the quarter was a loss of
1
cent​.
    * The company reported a quarterly loss of $1.31 million.
    * Talkspace Inc shares had fallen by 7.9% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the healthcare
facilities & services peer group is also "buy"

Wall Street's median 12-month price target for Talkspace Inc is
$4.00 
This summary was machine generated from LSEG data February 23 at
03:04 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.03          -0.01          Beat
 Sep. 30 2023      -0.03          -0.03          Met
 Jun. 30 2023      -0.05          -0.03          Beat
 Mar. 31 2023      -0.07          -0.05          Beat