Teladoc Health Inc. Signage on the floor of the New York Stock Exchange in New York, US, on Tuesday, December 31, 2024.
Michael sudden | Bloomberg | Getty Images
Teladoc health The shares fell on extended trading on Wednesday after the company reported a wider loss than analysts expected and issued Disappointing quarterly leadership.
Here’s how the company did, compared to estimates of consensus analysts LSEG:
- Loss by section: Expected 28 cents compared to 24 cents
- Income: $ 640.5 million compared to $ 639.6 million
Telehealth revenues decreased by 3% in the fourth quarter with $ 660.5 million over the same period last year, according to a statement. The net loss of calves spread to $ 48.4 million, or $ 28 cents per share, from a loss of $ 28.9 million, or 17 cents per share, a year ago.
Teladoc is in the middle of a deep dropWith the fall of shares in each of the last four years due to the great competition of remote health, the challenges in the Betterhelp Mental Health Department and high operational costs.
When Teladoc 2020 bought a digital health company Livongo, the companies had Combined Enterprise Value of $ 37 billion. The Teladoc market limit was about $ 1.9 billion from the market on Wednesday.
“As we look forward to 2025, the execution will continue to be a major priority because we are promoting efforts to unlock the growth capabilities and positioning a long -term success company,” the Cuck Divita Executive Director said. “We will also remain focused on our cost structure, upgrading to significant improvements achieved in 2024 during the previous year.”
In the fourth quarter, Teladoc reported a custom earned of $ 74.8 million, which is 35% of the decrease compared to the year before. Adapted earnings for the company integrated care segment decreased by 5% to $ 53.2 million, and Betterhelp noted that the custom earnings fell to $ 63% to $ 21.7 million.
In the first quarter, Teladoc said he was expecting a revenue between $ 608 and $ 629 million, while analysts were expecting $ 632.9 million. The company has announced that the adapted earnings will be between $ 47 and $ 59 million for that period.
Earlier this month, Teladoc announced Will acquire a preventive care company Health of catapult In all contracts for $ 65 million. Teladoc said his prospects include the anticipated contribution of the agreement, but not the effect of potential damage or accounting of the purchase. Teladoc said the acquisition should be closed at the end of the month.
The Teladoc will host his three -month call with investors at 4:30 pm.
– CNBC – that Bertha Coombs contributed to this report.
