Shares of Talkspace Inc. (TALK), a provider of virtual mental health care, have gained more than 60% over the past two months to trade around $3.40.
The company recently reported strong third-quarter financial results, highlighting a 23% revenue growth and its third consecutive quarter of adjusted EBITDA profitability.
For the third quarter ended Sep.30, 2024, Talkspace posted a net income of $1.9 million or $0.01 per share a significant improvement from the net loss of $4.4 million or $0.03 loss per share in the same period last year. This marks a notable turnaround for the company as it moves from a net loss to profitability.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.