Tiger Brokers

BUZZ-Teladoc down on wider loss, disappointing revenue forecast

Reuters
Feb 27
BUZZ-Teladoc down on wider loss, disappointing revenue forecast

** Shares of telehealth co Teladoc Health TDOC.N fall 15.38% to $9.30 premarket

** Co reports Q4 net loss of $48.4 million, or 28 cents per share compared to $28.9 million, or 17 cents per share a year ago

** Reports quarterly adjusted core profit of $74.8 million, missing estimates of $82.20 million, according to estimates compiled by LSEG

** For Q1, co expects revenue to be between $608 million and $629 million, missing estimates of $632.91 million

** Co expects 2025 adj. core profit between $278 million and $319 million, below estimates of $323.89 million

** Results and forecast miss "already low expectations" - TD Cowen

** Brokerage adds turnaround path for co's mental health services segment known as BetterHelp is still not clear

** Stock down ~26% in the last 12 months

(Reporting by Sriparna Roy in Bengaluru)

((Sriparna.Roy@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10