SCOTTSDALE, Ariz. (AP) — SCOTTSDALE, Ariz. (AP) — LifeStance Health Group Inc. (LFST) on Wednesday reported a loss of $34.2 million in its first quarter.
On a per-share basis, the Scottsdale, Arizona-based company said it had a loss of 9 cents.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 11 cents per share.
The outpatient mental health services provider posted revenue of $252.6 million in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $246 million.
For the current quarter ending in June, LifeStance Health said it expects revenue in the range of $250 million to $260 million.
The company expects full-year revenue in the range of $990 million to $1.02 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LFST at https://www.zacks.com/ap/LFST
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