NASDAQ$TALK
Talkspace Inc · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Reported strong revenue growth and achieved first profitable quarter.
Talkspace reported a 36% year-over-year increase in revenue, driven by growth in the Payor category, and achieved its first profitable quarter with an adjusted EBITDA of $0.8 million. The company's cash position and streamlined operations contribute to confidence in its ability to continue advancing its mission.
- Total revenue grew 36% year-over-year.
- Payor revenue increased 92% year-over-year.
- Net loss reduced to $1.5 million from $8.8 million year-over-year.
- Achieved first profitable quarter with Adjusted EBITDA of $0.8 million.
Headline financials
Revenue & EPS history
Talkspace · Revenue · Quarterly
$45.4M
Revenue by segment
Talkspace · $9.07M total across 1 segment · Q2 2023
- Consumer revenue$9.07M—100.0%
Forward guidance
Full fiscal year 2024 guidance remains unchanged. Talkspace expects revenue to be in the range of $185 million to $195 million, representing growth of 23-30%, and adjusted EBITDA to be in the range of $4 million to $8 million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2024
-1.1%
Avg return
Earnings day
+0.1%
Avg return
5 days after
+5.5%
Avg return
30 days after
48%
10 / 21 earnings
Positive
+23.2%
Q2 2023
Best reaction
-38.3%
Q3 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.2% | -0.2% | +0.4% | |
| Q4 2025 | +22.4% | +14.8% | +30.8% | |
| Q3 2025 | +4.3% | +20.9% | +22.0% | |
| Q1 2025 | +1.0% | -3.5% | +3.8% | |
| Q4 2024 | -14.8% | -23.8% | -27.5% | |
| Q3 2024 | +17.8% | +16.7% | +29.0% | |
| Q2 2024 | -4.5% | -4.5% | +6.2% | |
| Q1 2024 | -16.4% | -11.6% | -17.0% | |
| Q4 2023 | +17.9% | +23.1% | +52.6% | |
| Q3 2023 | -10.0% | -11.1% | +26.1% | |
| Q2 2023 | +23.2% | +21.8% | +12.0% | |
| Q1 2023 | +8.4% | +7.5% | +33.0% | |
| Q4 2022 | -7.5% | -5.5% | -25.6% | |
| Q3 2022 | +7.3% | +17.5% | +4.4% | |
| Q2 2022 | -17.2% | -14.6% | -32.3% | |
| Q1 2022 | -4.3% | -7.1% | +25.7% | |
| Q4 2021 | +4.2% | +4.2% | +19.6% | |
| Q3 2021 | -38.3% | -36.0% | -45.1% | |
| Q2 2021 | -15.7% | -8.0% | -9.3% | |
| Q4 2020 | -0.1% | +0.9% | -0.1% | |
| Q3 2020 | -0.3% | +0.5% | +7.7% |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro