LifeStance Health: Q1 Earnings Snapshot

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.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on LFST at

Copyright © 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo

More from WTOP

Log in to your WTOP account for notifications and alerts customized for you.

Sign up