secwatch.observer — SEC 8-K summary
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Issuer:     Talkspace, Inc. (TALK)
CIK:        0001803901
Form:       8-K
Filed at:   2024-02-22T23:59:59+00:00
Accession:  0001140361-24-009069
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Talkspace Q4 net loss narrows to $1.3M; announces $15M share repurchase
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- Q4 revenue $42.4M (+40% YoY); Payor revenue up 138% YoY.
- Q4 net loss $1.3M vs. $(18.3)M in prior year; Adj. EBITDA loss $0.3M, improved 97%.
- FY2023 revenue $150M (+25% YoY); net loss $19.2M vs. $(79.7M) in 2022.
- FY2024 guidance: revenue $185-195M, adjusted EBITDA $4-8M.
- Board authorized $15M share repurchase over 24 months starting March 1, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1803901/000114036124009069/0001140361-24-009069-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1803901/000114036124009069/ef20022232_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-009069

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer