Teladoc: Fourth Quarter Financial Overview

Teladoc Reports Fourth Quarter Financial Results

Teladoc Inc., headquartered in New York, announced a net loss of $25.1 million for the fourth quarter.

This translates to a loss of 14 cents per share, which was better than what analysts had anticipated. According to a survey by Zacks Investment Research involving nine analysts, the expected loss was 19 cents per share.

The telehealth company generated $642.3 million in revenue during the quarter, surpassing the consensus estimate of $633.9 million from eleven analysts polled by Zacks.

Looking ahead to the current quarter ending in March, Teladoc projects its revenue to fall between $598 million and $620 million.

For the full year, the company forecasts a per-share loss ranging from $1.10 to 70 cents, with expected revenue between $2.47 billion and $2.59 billion.