Talkspace Q2 revenue down 4% to $30M; B2B revenue up 47% but B2C down 28%, net loss narrows to $23M

Talkspace, Inc.

2022-Q2 EPS reported $0.28 revenue$59,994,000

Q2 revenue $29.8M (-4% YoY); B2B revenue grew 47%, B2C dropped 28%.
Gross margin fell to 48.7% from 62.2%, driven by B2B mix shift and higher therapist costs.
Net loss improved to $23.0M from $30.3M; adjusted EBITDA loss worsened to $(17.0)M from $(11.9)M.
B2B eligible lives reached 77M (+40%); completed B2B sessions grew 44% to 96,000.
B2C active members fell 34% to 20,100 as marketing spend was optimized.

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