Why Is Teladoc Health (TDOC) Stock Down 21% Today?
TDOCTeladoc(TDOC) InvestorPlace·2024-02-21 21:41

Teladoc Health (NYSE:TDOC) stock is dropping on Wednesday after the virtual healthcare services company released its earnings report for the fourth quarter of 2023. The reason for this drop is Teladoc Health reporting revenue of 660.53millioninitsearningsreport.Thatsbelowthe660.53 million in its earnings report. That’s below the 671.09 million that Wall Street was expecting for the quarter. Even if it’s a 4% increase year-over- year from $637.71 million. The company’s diluted earnings per share for the quarter came in at -17 cents. That’s better than ...