Lifestance Health Group, Inc. Stock Price, News & Analysis

LifeStance Health Group, Inc. (NASDAQ: LFST) reported third-quarter 2021 revenue of $173.8 million, a 70% increase year-over-year, attributed to a 72% rise in clinicians to 4,375. However, the company posted a significant net loss of $120.5 million compared to a loss of $3.3 million last year, largely due to stock-based compensations. Adjusted EBITDA decreased 29% to $10.7 million. LifeStance reaffirms its revenue outlook for the year, expecting results towards the lower end of the previously guided range of $668 million to $678 million.

LifeStance Health (NASDAQ: LFST), a leader in outpatient mental health care, will participate in a virtual fireside chat with Jefferies analyst Stephanie Wissink on November 12, 2021, at 12:00 p.m. ET. CEO Michael Lester and CFO J. Michael Bruff will present. The event will be streamed live; a replay will also be available on LifeStance's Investor Relations website. Established in 2017, LifeStance Health operates over 450 centers across 31 states, employing around 4,000 mental health professionals to provide accessible care for various mental health conditions.

LifeStance Health Group (NASDAQ: LFST) announced participation in a virtual fireside chat at the 30th Annual Healthcare Conference hosted by Credit Suisse. The chat will feature CEO Michael Lester and CFO J. Michael Bruff, scheduled for November 9, 2021, at 11:20 a.m. ET. The live presentation will be accessible via the LifeStance Investor Relations website, with a replay available after the event. LifeStance Health, founded in 2017, is a leading provider of outpatient mental health care across 31 states with approximately 4,000 employees.

LifeStance Health Group (NASDAQ: LFST) will release its third quarter earnings on November 8, 2021, after market close. A conference call to discuss the results will follow at 4:30 PM ET. Interested parties can join by dialing 1-888-660-0230 domestically or 1-409-217-8218 internationally, using conference ID 4267376. A real-time webcast will also be available on the company's Investor Relations website, with a replay accessible post-call. LifeStance is a leading provider of outpatient mental health care across 31 states, employing around 4,000 healthcare professionals.

LifeStance Health Group (NASDAQ: LFST) is set to join the Russell 2000 Index effective September 20, 2021, as confirmed by the preliminary IPO additions. This marks a significant milestone for the company, which transitioned to public status earlier in 2021. The Russell 2000 Index is crucial as it is referenced for benchmarking by investment managers with around $10.6 trillion in assets linked to it. CEO Michael Lester expressed optimism that this inclusion will enhance investor awareness of the company's mission to improve access to personalized mental healthcare.

LifeStance Health Group (NASDAQ: LFST), a leading provider of outpatient mental health care, will be presenting at the Morgan Stanley Global Healthcare Conference on September 13, 2021. Key executives, including CEO Michael Lester, CFO J. Michael Bruff, and Chief Growth Officer Danish Qureshi, will participate in a fireside chat at 2:00 p.m. ET. The event will be accessible via a live webcast on their investor relations site, with a recording available afterward. LifeStance Health operates over 450 centers across 31 states, employing around 4,000 mental health professionals.

LifeStance Health (NASDAQ: LFST) announced on August 24, 2021, the appointment of Seema Verma, former administrator of the Centers for Medicare & Medicaid Services, to its Board of Directors. With over two decades of healthcare experience, Verma aims to enhance access to mental health care at a time when demand is increasing. Her previous role included overseeing health insurance for over 140 million Americans and advancing telehealth initiatives during the COVID-19 pandemic. LifeStance Health operates across 31 states with nearly 4,000 mental health professionals.

LifeStance Health (NASDAQ: LFST) has announced the expansion of its mental health services into Maryland, Michigan, Minnesota, South Carolina, and Wisconsin, raising its operational footprint to 31 states. The company aims to provide accessible mental health care to nearly 33 million additional residents, bringing its total reach to over 280 million people. LifeStance continues to prioritize affordable, personalized mental health services while accepting most commercial insurance plans, catering to increasing patient demand.