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LifeStance Health Group Reports Strong 2024 Financial Results

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LifeStance Health Group Reports Strong 2024 Financial Results

The latest update is out from Lifestance Health Group ( (LFST) ).

LifeStance Health Group reported its financial results for the fourth quarter and full year 2024, showing a 19% increase in revenue to $1.251 billion and a 103% growth in Adjusted EBITDA to $119.7 million. Despite a net loss of $57.4 million for the year, the company demonstrated strong operational performance with increased visit volumes and clinician growth, positioning itself for continued momentum in 2025 with projected revenues between $1.40 billion and $1.44 billion.

More about Lifestance Health Group

LifeStance Health Group, founded in 2017, is one of the largest providers of virtual and in-person outpatient mental healthcare in the United States, serving children, adolescents, and adults across 33 states with over 550 centers. The company employs approximately 7,400 mental health professionals, including psychiatrists, advanced practice nurses, psychologists, and therapists, focusing on improving access to affordable, personalized mental healthcare.

YTD Price Performance: -0.53%

Average Trading Volume: 1,168,949

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $2.87B

For detailed information about LFST stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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