BUZZ-Talkspace slides after weak direct-to-consumer sales

Shares of virtual mental health provider Talkspace TALK.O fall 20.2% to $3.08 - set to erase their YTD gains

TALK's Q4 total revenue grew 15% to $48.7 million compared to estimates of $49.8 million - the second time quarterly sales have missed estimates in the past two years

Says direct-to-enterprise sales growth was offset by a 35% year-over-year decline in revenue from consumers

TALK forecast 2025 sales between $220 million to $235 million, with the midpoint below analysts' estimates of $232 million, according to data compiled by LSEG

Posts adj EBITDA to be in the range of $14 million to $20 million vs est. $17.53 million

In the last 12 months, TALK has risen ~73%