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Wednesday, October 30, 2019

Teladoc Q3 top line up 24%, guidance raised

Teladoc (NYSE:TDOCQ3 results:
Revenues: $138.0M (+24.3%); access fee revenue: $119.1M (+23.4%).
Paid visits: 14,142 (24.8%).
Net loss: ($20.3M) (+12.9%); loss/share: ($0.28) (+17.6%).
Cash flow ops (9 mo.): $11.7M (+260.1%).
Q4 guidance: Revenue: $149M – 153M; non-GAAP EBITDA: $11.5M – 15.5M; total visits: 1.0M – 1.2M.
2019 guidance: Revenue: $546M – 550M from $538M – 545M; non-GAAP EBITDA: $28M – 32M from $27M – 33M; total visits: 3.9M – 4.1M from 3.7M – 4.0M.

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