LifeStance Health Group, Inc. Q2 Loss Decreases, Beats Estimates

LifeStance Health Group, Inc. (LFST) announced Loss for second quarter that decreased from last year and beat the Street estimates.

The company's bottom line came in at -$21.1 million, or -$0.06 per share. This compares with -$34.2 million, or -$0.09 per share, in last year's second quarter.

Analysts on average had expected the company to earn -$0.09 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 18.9% to $300.4 million from $252.6 million last year.

LifeStance Health Group, Inc. earnings at a glance (GAAP) :

-Earnings (Q2): -$21.1 Mln. vs. -$34.2 Mln. last year.
-EPS (Q2): -$0.06 vs. -$0.09 last year.
-Revenue (Q2): $300.4 Mln vs. $252.6 Mln last year.

-Guidance:
Next quarter revenue guidance: $297mln - $315mln
Full year revenue guidance: $1.19bln - $1.24bln

by RTTNews Staff Writer

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