Talkspace ( (TALK) ) just unveiled an update.
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Talkspace, Inc. reported a 23% increase in third-quarter 2024 revenue, driven by a significant rise in Payor revenue, turning last year’s net loss into a $1.9 million net income. The company highlights its expansion to serve over 158 million covered lives, including seniors and military members, underscoring its position as the largest behavioral telehealth network in the U.S. With expectations for fiscal year 2024 revenue to reach $185-$195 million, Talkspace continues to focus on addressing the mental health crisis through its innovative and accessible platform.
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