Teladoc (TDOC) Misses Q3 EPS by 29c

Teladoc (NYSE: TDOC) reported Q3 EPS of ($0.65), $0.29 worse than the analyst estimate of ($0.36). Revenue for the quarter came in at $32.4 million versus the consensus estimate of $32.29 million.

“Our third quarter financial results affirm the strength of our sophisticated consumer engagement strategies and the growing utilization and adoption of our innovative telehealth offerings,” said Jason Gorevic, chief executive officer of Teladoc. “As we execute against our plan, we remain focused on delivering clear and measurable ROI for our clients and superior experiences for our members, while we continue to make progress towards our previously stated 2017 financial targets.”

GUIDANCE:

Teladoc sees Q4 2016 EPS of ($0.34)-($0.36). Teladoc sees Q4 2016 revenue of $36-37 million.

For earnings history and earnings-related data on Teladoc (TDOC) click here.

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