Talkspace Reiterates Revenue In Range Of $185M-$195M Vs. 191.55M Estimate, Growth Of 23%-30%, And Adjusted EBITDA In Range Of $4M-$8M
Portfolio Pulse from Benzinga Newsdesk
Talkspace has reaffirmed its revenue forecast to be between $185M-$195M, aligning with the analyst estimate of $191.55M, and anticipates a growth rate of 23%-30%. Additionally, the company expects its adjusted EBITDA to be in the range of $4M-$8M.
May 07, 2024 | 12:06 pm
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Talkspace has reiterated its revenue guidance, which is in line with analyst expectations, and expects significant growth alongside a positive adjusted EBITDA.
Reiterating revenue guidance that aligns with analyst estimates typically instills confidence in investors, suggesting a positive outlook for the company's financial health and operational efficiency. The anticipated growth rate and positive adjusted EBITDA further support the potential for a positive short-term impact on the stock price.
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IMPORTANCE 90
RELEVANCE 100