Teladoc Health (TDOC) Q1 Loss Widens on Decline in Visits
TDOCTeladoc(TDOC) Zacks Investment Research·2024-05-01 01:41

Teladoc Health, Inc. (TDOC) incurred a first-quarter 2024 adjusted loss of 49 cents per share, wider than the Zacks Consensus Estimate of a loss of 47 cents and the year-ago quarter’s loss of 42 cents. The figure was also within management’s expectation of a loss of 55-45 cents. Operating revenues amounted to 646.1million,whichgrew3646.1 million, which grew 3% year over year and exceeded management’s expectation of 630-$645 million. The top line beat the consensus mark by 1.4%. The quarterly results were hurt by lower visits, s ...