Talkspace Q1 earnings: 4 things to know

Mobile therapy company Talkspace had a strong first quarter, according to a transcription of its earnings call recorded by SeekingAlpha.

Advertisement

Four things to know:

1. The company reported an 11 percent jump in revenue year-over-year to $30 million.

2. Its business-to-business website visits grew 68 percent to 90,600.

3. Business-to-consumer revenue fell 7 percent quarter-over-quarter despite membership growing over that period.

4. Employers, payers and other business-to-business customers grew 54 percent to $76.5 million.

At the Becker's Fall Behavioral Health Summit, taking place November 4–5 in Chicago, behavioral health leaders and executives will explore strategies for expanding access to care, integrating services, addressing workforce challenges and leveraging innovation to improve outcomes across the behavioral health continuum. Apply for complimentary registration now.

Advertisement

Next Up in Behavioral Health Technology

Advertisement

Comments are closed.