Teladoc (TDOC) Tops Q2 EPS by 1c; Issues Guidance Light of Views

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Teladoc announces second quarter 2016 results

August 3, 2016 4:15 PM EDT

Second-quarter revenue of $26.5 million increased 45%, membership of 15.4 million increased 34%, visits of 199,106 increased 59% year- over-year

LEWISVILLE, Texas--(BUSINESS WIRE)-- Teladoc, Inc. (NYSE: TDOC), the first and largest telehealth platform in the United States, today announced results for its second quarter ended June 30, 2016.

During the second quarter, we saw continued momentum across numerous dimensions of our business, Jason Gorevic, chief executive officer of Teladoc, commented. Visits exceeded our expectations, and for the 14th consecutive quarter, visit growth outpaced our membership growth, reinforcing our increasing utilization trends.... More