Lifespeak, Inc. (TSE:LSPK) has released an update.
LifeSpeak Inc. reported a first-quarter revenue of $12.4 million for 2024, experiencing a 7% decline from the previous year. Despite the drop in revenue and a 9% decrease in annual recurring revenue, the company maintained a stable Adjusted EBITDA Margin of 22%. The quarter also saw a net loss increase to $1.6 million, but LifeSpeak secured notable new clients including Accenture and Ascena Retail.
For further insights into TSE:LSPK stock, check out TipRanks’ Stock Analysis page.
