Teladoc: Q2 Earnings Snapshot
By AP News
Published - Jul 25, 2023, 04:36 PM ET
Last Updated - Jul 25, 2023, 04:36 PM EDT
PURCHASE, N.Y. (AP) — PURCHASE, N.Y. (AP) — Teladoc Inc. (TDOC) on Tuesday reported a loss of $65.2 million in its second quarter.
The Purchase, New York-based company said it had a loss of 40 cents per share.
The results topped Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for a loss of 44 cents per share.
The telehealth services provider posted revenue of $652.4 million in the period, also beating Street forecasts. Eleven analysts surveyed by Zacks expected $649 million.
