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

Talkspace,.

27/07/2023 15:46

* Talkspace Inc  TALK.OQ  reported a quarterly adjusted loss
of 3
cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for a loss
of 5 cents per share.
    * Revenue rose 19.4% to $35.65 million from a year ago;
analysts
expected $33.74 million. 
    * Talkspace Inc's reported EPS for the quarter was a loss
of 3
cents​.
    * The mean earnings estimate of analysts had risen by
about 25% in
the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Talkspace Inc shares had risen by 11.8% this quarter and
gained 132.7% so far this year.
    * The company reported a quarterly loss of $4.7 million.
    * Wall Street's median 12-month price target for Talkspace
Inc is
$3.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data July
27 at 02:46 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.05          -0.03          Beat
 Mar. 31 2023      -0.07          -0.05          Beat
 Dec. 31 2022      -0.11          -0.11          Met
 Sep. 30 2022      -0.12          -0.11          Beat