Teladoc: Q3 Earnings Snapshot
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Audio By Carbonatix
4:23 PM on Wednesday, October 30, 2024
The Associated Press
PURCHASE, N.Y. (AP) — PURCHASE, N.Y. (AP) — Teladoc Inc. (TDOC) on Wednesday reported a loss of $33.3 million in its third quarter.
The Purchase, New York-based company said it had a loss of 19 cents per share.
The results beat Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for a loss of 29 cents per share.
The telehealth services provider posted revenue of $640.5 million in the period, also beating Street forecasts. Eleven analysts surveyed by Zacks expected $630.5 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TDOC at https://www.zacks.com/ap/TDOC