SCOTTSDALE, Ariz. (AP) 鈥� SCOTTSDALE, Ariz. (AP) 鈥� LifeStance Health Group Inc. (LFST) on Thursday reported first-quarter profit of $14.2 million.
The Scottsdale, Arizona-based company said it had profit of 4 cents per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share.
The outpatient mental health services provider posted revenue of $403.5 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $388.2 million.
For the current quarter ending in June, LifeStance Health said it expects revenue in the range of $405 million to $425 million.
The company expects full-year revenue in the range of $1.64 billion to $1.68 billion.
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