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

Talkspace,.

02/11/2023 14:09

* Talkspace Inc  TALK.OQ  reported a quarterly adjusted loss
of 3
cents​​ per share for the quarter ended in September, higher
than the same quarter last year, when the company reported EPS
of -11 cents.  The mean expectation of two analysts for the
quarter was for a loss of 3 cents per share. 
    * Revenue fell 2.3% to $28.65 million from a year ago;
analysts
expected $36.17 million. 
    * Talkspace Inc's reported EPS for the quarter was a loss
of 3
cents​.
    * The company reported a quarterly loss of $4.41 million.
    * Talkspace Inc shares had fallen by 7.7% this quarter and
gained 194.9% so far this year.

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

RECOMMENDATIONS
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Talkspace
Inc is
$5.00 

This summary was machine generated from LSEG data November 2 at
02:09 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      -0.03          -0.03          Met
 Jun. 30 2023      -0.05          -0.03          Beat
 Mar. 31 2023      -0.07          -0.05          Beat
 Dec. 31 2022      -0.11          -0.11          Met