Talkspace Second Quarter 2024 Earnings: US$0.003 loss per share (vs US$0.029 loss in 2Q 2023)

[email protected] (Simply Wall St)
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Talkspace (NASDAQ:TALK) Second Quarter 2024 Results

Key Financial Results

  • Revenue: US$46.1m (up 29% from 2Q 2023).

  • Net loss: US$474.0k (loss narrowed by 90% from 2Q 2023).

  • US$0.003 loss per share (improved from US$0.029 loss in 2Q 2023).

earnings-and-revenue-history
earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

Talkspace Earnings Insights

Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Healthcare industry in the US.

Performance of the American Healthcare industry.

The company's shares are down 16% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for Talkspace that you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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