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Wednesday, February 24, 2021

Teladoc (TDOC) Q4 Revenue Tops Views, Offers Guidance

 Teladoc (NYSE: TDOC) reported Q4 EPS of ($3.07), may not compare to the analyst estimate of ($0.24). Revenue for the quarter came in at $383.3 million versus the consensus estimate of $378.93 million.

GUIDANCE:

Teladoc sees Q1 2021 revenue of $445-455 million, versus the consensus of $446 million.

  • EBITDA to be in the range of $(46) million to $(43) million.
  • Adjusted EBITDA to be in the range of $45 million to $48 million, including an estimated $7 million in lower expenses primarily related to Livongo devices as a result of the merger.
  • Total U.S. paid membership to be in the range of 51 million to 52 million members and visit fee only access to be available to 22 to 23 million individuals, including 2 to 3 million individuals on a temporary basis.
  • Total visits to be between 2.9 million and 3.1 million.

Teladoc sees FY2021 revenue of $1.95-2 billion, versus the consensus of $1.95 billion.

  • in the range of $1.95 billion to $2.0 billion.
  • EBITDA to be in the range of $(110) million to $(90) million.
  • Adjusted EBITDA to be in the range of $255 million to $275 million, including an estimated $20 million in lower expenses primarily related to Livongo devices as a result of the merger.
  • Total U.S. paid membership to be in the range of 52 million to 54 million members and visit fee only access to be available to 22 to 23 million individuals, including 2 to 3 million individuals on a temporary basis.
  • Total visits to be between 12 million to 13 million.

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