Teladoc Health (TDOC) Shares Down 8.9% Despite Q2 Earnings Beat
TDOCTeladoc(TDOC) ZACKS·2024-08-03 02:15

Teladoc Health, Inc.’s (TDOC) shares lost 8.9% since it reported second-quarter 2024 results on Jul 31, despite an earnings beat. Investors might be worried about BetterHelp's substantial revenue drop, leading to a decline in its adjusted EBITDA. Moreover, the withdrawal of full-year guidance for BetterHelp and the lack of consolidated guidance for the rest of the year added to the uncertainty. Strength in the Integrated Care segment acted as a partial offset.The company incurred a second-quarter 2024 adjus ...