Teladoc (TDOC) Tops Q3 EPS by 2c, Revenues Beat; Offers FY18 Revenue Outlook Above Consensus, FY18 EPS View In-Line with Estimates

Teladoc (NYSE: TDOC) reported Q3 EPS of ($0.34), $0.02 better than the analyst estimate of ($0.36). Revenue for the quarter came in at $111 million versus the consensus estimate of $109.95 million.

“Teladoc Health delivered very strong third quarter results. We carry significant momentum into the end of the year as demand for our comprehensive suite of virtual care services is robust across channels and geographies,” said Jason Gorevic, Teladoc Health’s chief executive officer. “We have a tremendous growth opportunity in front of us as the entry point into the health care system where individuals can go for guided access to a fully integrated, high-quality care experience."

GUIDANCE:

Teladoc sees FY2018 EPS of ($1.50)-($1.48), versus the consensus of ($1.49). Teladoc sees FY2018 revenue of $414-416 million, versus the consensus of $411 million.

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

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