Earnings Results
Teladoc delivers an outlook that was better than anticipated at the midpoint
Teladoc says its first-quarter results indicate “solid momentum” for the rest of 2023.
Teladoc Health
Teladoc Health Inc. shares were up about 5% in after-hours trading Wednesday after the telemedicine company topped expectations with its first-quarter results and delivered an outlook that was better than anticipated at its midpoint.
The company posted a first-quarter net loss of $69 million, or 42 cents a share, whereas it posted a loss of $6.7 billion, or $41.58 a share, in the year-earlier period. Year-prior results included a $6.6 billion impairment charge.
The…
