Teladoc's stock sinks on downbeat forecast
TDOCTeladoc(TDOC) Market Watch·2024-02-21 05:38

Shares of telehealth-technology provider Teladoc Health Inc. TDOC sank after hours on Tuesday following a largely downbeat forecast for the first quarter and full year. The company, known for its BetterHelp therapy app, said it expected first-quarter sales of 630millionto630 million to 645 million, below FactSet forecasts of $673 million. It said it expected to lose 45 cents a share to 55 cents a share during that period, worse than analyst expectations for a 41-cent per-share loss. For the full year, Teladoc said it ...