Teladoc: Q1 Earnings Snapshot
PURCHASE, N.Y. (AP) — PURCHASE, N.Y. (AP) — Teladoc Inc. (TDOC) on Thursday reported a loss of $81.9 million in its first quarter.
The Purchase, New York-based company said it had a loss of 49 cents per share.
The results did not meet Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for a loss of 47 cents per share.
The telehealth services provider posted revenue of $646.1 million in the period, beating Street forecasts. Eleven analysts surveyed by Zacks expected $637 million.
For the current quarter ending in June, Teladoc said it expects revenue in the range of $635 million to $660 million.
The company expects a full-year loss of $1.10 to 80 cents per share, with revenue ranging from $2.64 billion to $2.74 billion.
_____
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