SCOTTSDALE, Ariz. (AP) — SCOTTSDALE, Ariz. (AP) — LifeStance Health Group Inc. (LFST) on Wednesday reported fourth-quarter net income of $11.7 million.
On a per-share basis, the Scottsdale, Arizona-based company said it had profit of 3 cents.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was breakeven on a per-share basis.
The outpatient mental health services provider posted revenue of $382.2 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $377.3 million.
For the year, the company reported profit of $9.7 million, or 2 cents per share. Revenue was reported as $1.42 billion.
For the current quarter ending in March, LifeStance Health said it expects revenue in the range of $380 million to $400 million.
The company expects full-year revenue in the range of $1.62 billion to $1.66 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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