Talkspace

Talkspace, Inc. is the virtual behavioral healthcare company committed to making care more effective, accessible, and convenient. Talkspace addresses the challenges of traditional mental healthcare by combining effective clinical solutions with technology designed for present day. The platform is powered by a diverse team of certified mental health specialists in every state providing therapy and psychiatric treatment for individuals, couples, and adolescents. Talkspace therapists meet clients where they are, on their schedules, on any device, via chat, voice, and video. All care is delivered through an easy-to-use and fully encrypted web and mobile platform, consistent with HIPAA and other state regulatory requirements. More than two million people have used Talkspace. Talkspace for Business, the enterprise division of Talkspace. Existing relationships include employers, schools, and the nation's largest health care plans, including an in-network provider agreement with Cigna. The company was founded by Frank Roni and Frank Oren in 2012 and is headquartered in New York, NY.

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Talkspace reports Q4 revenue growth, eyes breakeven by 2024

Talkspace's Q4 2022 performance showed revenue growth and strategic focus on expanding business segments and revenue streams.
While facing challenges such as consumer revenue decline and financial losses, the company aims for breakeven by the first half of 2024.
Opportunities lie in leveraging increased demand for mental health services, expanding into new business segments, and enhancing service quality through AI tools.

Talkspace reports robust Q1 growth, eyes profitability by Q1 2024

Talkspace's Q1 2023 performance reflects strong revenue growth and progress towards profitability, underpinned by strategic initiatives and market expansion.
While facing challenges in areas like DTC stabilization and cost management, Talkspace's revised guidance and market positioning indicate a path towards sustained growth.
The company's focus on payer revenue, provider relationships, and operational efficiency aligns with opportunities in the growing mental health services market, positioning Talkspace for future success.

Talkspace reports robust Q2 earnings, eyes growth in mental health

Talkspace's Q2 2023 earnings call showcased strong financial performance, marked by revenue growth and achieving cash flow positivity. The company's strategic initiatives aim to drive growth, enhance market positioning, and achieve profitability through operational excellence. While facing challenges like declining DTE business, Talkspace is well-positioned to capitalize on opportunities in the mental health services market.

Talkspace reports robust Q3 earnings, eyes profitability by Q1 2024

Talkspace's strong performance in Q3 2023 reflects its commitment to growth and innovation in the digital mental health space, with revenue and EBITDA improvements.
While facing challenges in achieving profitability, the company's strategic focus on payer revenue growth and operational efficiency sets a clear path to sustainable success.
With raised revenue guidance, a roadmap to breakeven EBITDA, and promising opportunities ahead, Talkspace is poised for continued growth and market leadership.

Talkspace reports robust 2023 results, eyes growth through payer strategy

Talkspace's strong financial performance in 2023, coupled with strategic initiatives and partnerships, sets a positive trajectory for the company. Challenges in consumer spending are being addressed through successful business pivots, while opportunities in payer coverage and brand presence offer avenues for growth.

Talkspace reports profitable Q1, eyes Medicare expansion for growth

Talkspace delivered a strong Q1 performance, achieving its first profitable quarter and demonstrating robust revenue growth in the payer category.
The company's strategic initiatives, including Medicare expansion, provider network growth, and diversified partnerships, position it well for future growth.
While facing challenges in managing costs and market competition, Talkspace's focus on profitability and expansion opportunities present avenues for sustained success.
With a solid financial position, continued investments in AI capabilities, and reaffirmed guidance, Talkspace shows confidence in its ability to navigate challenges and capitalize on growth opportunities.

Talkspace reports robust Q2 earnings, eyes growth through strategic initiatives

Talkspace delivered strong financial results in Q2 2024, with notable revenue growth and profitability, driven by expanding payor revenue and successful initiatives in key segments.
The company's strategic focus on enhancing patient care, building partnerships, and strengthening its leadership team positions Talkspace for continued success and differentiation in the competitive telehealth market.
While facing challenges in scaling operations and managing costs, Talkspace has opportunities to leverage its unique strengths, partnerships, and market positioning to drive growth and innovation.

Talkspace reports robust Q3 earnings, eyes strategic partnerships for growth

Talkspace's Q3 performance reflects strong revenue growth and strategic partnerships, positioning the company for continued expansion.
While facing challenges in optimizing marketing efforts and balancing growth initiatives, Talkspace's focus on data-driven strategies and value-based care contracting presents opportunities for future growth.
Overall, Talkspace's commitment to diverse market segments, operational efficiency, and revenue guidance reaffirm its position as a key player in the telehealth industry.

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Talkspace, Inc. engages in the operation and development of a technology platform used in connecting patients to licensed mental health professionals through messaging, video, and audio. The company was founded by Frank Roni and Frank Oren in 2012 and is headquartered in New York, NY.

Talkspace Inc. TALK, +1.82% said Monday its executive team will assume the responsibilities of chief operating officer Mark Hirschhorn, who has resigned. The company said Hirschhorn stepped down following an internal review of his "conduct in connection with a company offsite that took place last week," according to a statement.

Talkspace COO resigns due to issues around conduct at company offsite

NEW YORK--(BUSINESS WIRE)-- #Securities--Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Talkspace, Inc. (“Talkspace” or the “Company”) (NASDAQ: TALK) on behalf of Talkspace stockholders. Our investigation concerns whether Talkspace has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action. On November 15, 2021, post-market, Talkspace issued a press relea

TALKSPACE ALERT: Bragar Eagel & Squire, P.C. is Investigating Talkspace, Inc. on Behalf of Talkspace Stockholders and Encourages Investors to Contact the Firm

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The departure of one CEO, two co-founders, and a big top-line miss combine for an awful market day for the company.

Why Talkspace Plummeted by 36% Today

Talkspace Inc. is set to lose more than a third of its value Tuesday after the teletherapy company posted disappointing results and announced the departure of several key executives.

Talkspace stock slammed after earnings; issues are not ‘easily remedied,' analyst says in downgrade

Baird has downgraded virtual behavioral healthcare company Talkspace Inc (NASDAQ:TALK) to Neutral from Outperform and lowered the price target to $3 from $10.  Analyst Vikram Kesavabhotla cited its disappointing quarter and lowered guidance and management turnover leading to an uncertain path.

Behavioral Healthcare Firm Talkspace Stock Falls As CEO Leaves, Analyst Cut Ratings

The stock price of Talkspace Inc (NASDAQ: TALK) fell by over 30% pre-market today. This is why it happened.

Talkspace (TALK) Stock: Why The Price Substantially Fell Today

Talkspace's (TALK) Management on Q3 2021 Results - Earnings Call Transcript

Net Revenue grew 23% year-over-year to approximately $26 million, driven by continued strong momentum in B2B

Talkspace Reports Third Quarter 2021 Financial Results

Co-Founders Oren and Roni Frank Step Down from the Company and the Board

Talkspace Announces CEO Transition Plan

NEW YORK--(BUSINESS WIRE)--Talkspace awarded $3 million federal grant from the National Institute of Mental Health (NIMH) to study treatment for PTSD in a virtual setting.

Talkspace Awarded $3 Million Federal Grant to Study Groundbreaking Treatment for PTSD

NEW YORK, Nov. 08, 2021 (GLOBE NEWSWIRE) -- Talkspace (Nasdaq: TALK), a leading behavioral healthcare company, will release its 2021 third quarter financial results on Monday, November 15, 2021, after market close. In conjunction, the company will host a conference call to review the results at 5 p.m. E.T.

Talkspace to Report Third Quarter 2021 Results and Host Conference Call

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NEW YORK--(BUSINESS WIRE)--Talkspace launches live chat sessions, giving members greater options for connecting with therapists

Talkspace Launches Live Chat Sessions, Giving Members Greater Options for Connecting with Therapists

WALTHAM, Mass.--(BUSINESS WIRE)-- #NursesArentHeroes--connectRN Inc., a tech-enabled network that connects nurses and aides with opportunities to improve their work life through career development resources, flexible shift offerings, and a community of peer professionals, announced their partnership with Talkspace as the signature component of its first Mental Health Week. This partnership marries the leader in online therapy with a critical community of nursing professionals to bring online therapy to well-deservi

connectRN Announces Partnership With Talkspace in Honor of World Mental Health Day

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NEW YORK--(BUSINESS WIRE)--Talkspace today released the ‘Employee Stress Check 2021 Report," which explores current employee attitudes toward mental well-being and work.

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The online therapy company had one really negative number to go with its positive results in its second-quarter earnings report.

Why Shares of Talkspace Tanked on Tuesday

Talkspace (TALK) CEO Oren Frank on Q2 2021 Results - Earnings Call Transcript

Q2 Net revenue grew 73% year-over-year to approximately $31 million

Talkspace Reports Second Quarter 2021 Results

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NEW YORK--(BUSINESS WIRE)--Talkspace, Inc. (Nasdaq: TALK) today announced the appointment of Erin Boyd as Chief Growth Officer, Enterprise, effective August 2nd, 2021.

News for Talkspace Stock (TALK)