Earnings Season: DTC Decline, Return of M&A + Financial and Valuation Benchmarks

Hi friends,

It’s earnings season.

And that means I’ve a bunch of fresh data and insights to share with you.

In the last two weeks, we’ve got a view into how the biggest mental health businesses are performing. We learned the results of their recent strategies, their plans for the future, and importantly, how markets are reacting to all of the above.

I’ve been waist-deep in the data, transcripts and 10-K filings to understand what’s going on.

And we get into all of it in today’s THR Pro report.

We’ll cover;

• The major themes from the 2024 earnings season

• Industry performance, including relevant financial and valuation benchmarks

• Company by company deep-dives, analysing their 2024 financial performance and guidance for 2025

• My commentary on the biggest strategic challenges facing Talkspace, Lifestance, Teladoc and Acadia

Let’s get into it…

This article is for THR Pro members only