Overview
Talkspace Q2 revenue grows 18% yr/yr to $54.3 mln, missing estimates
Adjusted EBITDA improves to $2.3 mln, but misses analyst expectations
Company repurchased $1.4 mln worth of shares in Q2
Outlook
Talkspace expects 2025 revenue between $220 mln and $235 mln
Company forecasts 2025 adjusted EBITDA between $14 mln and $20 mln
Talkspace sees strong visibility for second half of 2025
Result Drivers
PAYOR REVENUE GROWTH - 35% year-over-year increase in Payor revenue drove total revenue growth, per CEO Dr. Jon Cohen
CONSUMER REVENUE DECLINE - Consumer revenue fell 32% year-over-year, partially offsetting overall revenue growth
TECHNOLOGY AND MARKETING INVESTMENTS - Sequential growth in unique active payor members and completed sessions attributed to investments in technology and marketing, according to CEO
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | Miss | $54.31 mln | $54.70 mln (6 Analysts) |
Q2 Net Income | -$541,000 | ||
Q2 Adjusted EBITDA | Miss | $2.28 mln | $3.21 mln (6 Analysts) |
Q2 Operating Income | -$1.79 mln |
Press Release: ID:nGNX9bl8hX
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)