Virtual care company Teladoc reported $646.1 million in revenue in the first quarter of 2024, a 3% increase from $629.2 million in Q1 2023.
Its revenue from Teladoc Health Integrated Care increased to $377.1 million in Q1 2024, an 8% increase year-over-year, and BetterHelp revenue decreased 4% to $269 million.
The company posted an adjusted EBITDA of $63.1 million, a 20% year-over-year increase...
After a fiscally strong 2020, Teladoc reported a net loss of $1.31 per share – missing its expectations by $0.71, in its Q1 earnings call. This came out to a total net loss of $199.6 million.
However, it did manage to beat its revenue expectation by $1.76 million. The telemedicine giant also upped its Q2 expectations, as well as its full year expectations.
"As a result of the momentum...
The year 2019 was good to Teladoc Health. Although still operating at a loss, the virtual care provider enters the new year hot with reports that revenue and visits — domestic and international, paid membership and visit fee — all outpaced the company’s projections.
Teladoc said during a Wednesday afternoon earnings call that it is expecting that growth to continue. Part of this is due to the...
Teladoc Health stuck to its game plan in the second quarter and first half of 2019, the company reported last week in its earnings call.
Total revenue, membership and service utilization are each trending upward while the telehealth company’s international and strategic investments appear to be taking hold. However, the company still has yet to turn a profit, although it is aiming to be cash flow...
Teladoc ended 2015 with $77.4 million in revenue, up 78 percent year-over-year from $43.5 million in 2014, the company’s CEO Jason Gorevic said on Teladoc’s year end earnings call. Revenue came from two sources: subscription access fees brought in $63.3 million and visit fees brought in $14.1 million.
Last year, Teledoc facilitated about 576,000 telehealth visits, up from 299,000 in 2014. And the...
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