06:33 AM EDT, 05/09/2024 (MT Newswires) -- LifeStance Health Group ( LFST ) reported a Q1 loss Thursday of $0.06 per diluted share, narrowing from a loss of $0.09 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.09.

Revenue for the quarter ended March 31 was $300.4 million, up from $252.6 million a year earlier.

Analysts surveyed by Capital IQ expected $298.9 million.

The outpatient mental health services provider said it expects Q2 revenue of $297 million to $315 million. Analysts surveyed by Capital IQ expect $305.7 million.

Revenue for the year is still projected to be $1.19 billion to $1.24 billion, the company said. Analysts surveyed by Capital IQ expect $1.22 billion.