earnings
confidence high
sentiment neutral
materiality 0.70
LifeStance Q1 rev $252.6M (+24% YoY), net loss narrows to $34.2M; raises FY rev guidance
LifeStance Health Group, Inc.
- Revenue $252.6M (+24% YoY); Center Margin $69.6M (27.6% of revenue, +28% YoY).
- Net loss $34.2M vs $62.3M loss; Adj EBITDA $10.1M vs $12.5M (down 19%).
- FY 2023 revenue guidance raised to $990M-$1.02B; Center Margin $274-$290M; Adj EBITDA reaffirmed $50-$62M.
- Q2 2023 guidance: rev $250-$260M, Center Margin $69-$76M, Adj EBITDA $10-$16M.
- Clinicians 5,961 (+19% YoY, net add 330); cash $68.3M, net debt $224.8M.