Teladoc's Earnings Miss as Revenue Falls
Teladoc Health reported weak fourth-quarter results as challenges in its BetterHelp segment weighed down gains elsewhere in the business.
Teladoc Health (NYSE:TDOC), a leader in telehealth services, released its fourth-quarter earnings on Feb. 26. The company reported revenue of $640.5 million, just above the $639 million that analysts had expected, but 3% lower than the same quarter last year. Its net loss per share was $0.28, worse than the loss of $0.26 per share that analysts had anticipated.
Source: Analysts' estimates for the quarter provided by FactSet.
Teladoc Health is a premier provider of virtual healthcare services. It blends traditional medical care with advanced telehealth services, primarily focusing on integrated care. Its offerings span wellness programs to specialized medical advice, targeting both individual consumers and businesses.
