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Stock impact report

Talkspace Inc (TALK) Reports Significant Reduction in Net Loss and Operating Expenses for Q4 ... [Yahoo! Finance]

Talkspace, Inc. (TALK) 
Company Research Source: Yahoo! Finance
Net Loss Improvement : Net loss improved by 93% in Q4 and 76% for the full year, indicating a substantial reduction in losses. Operating Expense Reduction : Operating expenses decreased by 37% in Q4 and 32% for the full year, reflecting successful cost management. Adjusted EBITDA : Adjusted EBITDA loss improved by 97% in Q4 and 77% for the full year, moving closer to profitability. Share Repurchase Program : The Board of Directors authorized a share repurchase program of up to $15 million over the next 24 months. 2024 Guidance : Revenue is expected to be between $185-$195 million with adjusted EBITDA of $4-$8 million. Warning! GuruFocus has detected 4 Warning Sign with TALK. On February 22, 2024, Talkspace Inc ( NASDAQ:TALK ) released its 8-K filing , detailing the fourth quarter and full year 2023 financial results. The company, a leading virtual behavioral healthcare provider, has shown a significant improvement in its financial health, with a notable increase in revenu Show less Read more
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