2024-06-12 15:23:04 ET
Summary
- Today, we revisit telehealth provider Talkspace, Inc. for the first time in 18 months.
- The company is delivering impressive sales growth, is significantly reducing losses, has a rock-solid balance sheet, and is moving quickly towards profitability.
- An updated analysis around Talkspace follows in the paragraphs below.
It has been a year and a half since our last article on small-cap telehealth concern Talkspace, Inc. ( TALK ) . At the time, the shares were selling at just under the net cash on the company's balance sheet, and Talkspace had just brought in new management. We concluded that piece with the recommendation that TALK seemed to a merit a small " watch item" position for aggressive investors. The equity has moved significantly higher since then, and the company posted its first quarter results five weeks ago. Therefore, it is a good time to circle back to Talkspace. An updated analysis follows below....
Read the full article on Seeking Alpha
For further details see:
Talkspace: Moving Toward Breakeven