Teladoc Health Reports Third Quarter 2019 Results

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Teladoc (TDOC) Tops Q3 EPS by 12c, Revenues Beat; Updates FY19 EPS/Revenue Guidance Above Consensus, Affirms Q4 EPS/Revenue Views

October 30, 2019 5:07 PM EDT

Teladoc (NYSE: TDOC) reported Q3 EPS of ($0.28), $0.12 better than the analyst estimate of ($0.40). Revenue for the quarter came in at $138 million versus the consensus estimate of $136.47 million.

Year-over-year Q3 revenue grows 24% to $138.0 million and total visits increase 45% to 928,000Year-over-year nine months revenue grows 34% to $396.8 million and total visits increase 63% to 2,899,000Issues 2019 fourth-quarter guidance and updates full-year expectations

The third quarter marked a continuation of Teladoc Healths very strong momentum from the first half of the year, as we... More