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Stock impact report

Talkspace Announces First Quarter 2024 Results [Yahoo! Finance]

Talkspace, Inc. (TALK) 
Company Research Source: Yahoo! Finance
Delivers first profitable quarter with Adjusted EBITDA of $0.8 million NEW YORK, May 07, 2024 (GLOBE NEWSWIRE) -- Talkspace, Inc. (NASDAQ: TALK), today reported first quarter 2024 financial results. Three Months Three Months Ended March 31, 2024 (Unaudited) Results % Variance from Prior Year (In thousands unless otherwise noted) Number of eligible lives at period end (in millions) Number of completed Payor sessions Number of Consumer active members at period end Total revenue Gross profit Gross margin % Operating expenses Net loss Adjusted EBITDA Cash and cash equivalents at period end — (1) Adjusted EBITDA is a non-GAAP financial measure. For a definition of the measure and a reconciliation to the most direct comparable GAAP measure, see “Reconciliation of Non-GAAP Results to GAAP Results.” Dr. Jon Cohen, CEO of Talkspace, said, “We kicked off 2024 with strong momentum, building on our pivotal achievements from last year. Our first quarter resul Show less Read more
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