Teladoc Health Inc. signage on the bottom of the New York Stock Exchange on December 31, 2024.
Michael Nagle | Bloomberg | Getty pictures
Teladoc Health The shares fell into an extended trade on Wednesday after the company had reported a greater loss than expected analysts and disappointing quarterly guidelines.
The company led the analysts from LSEG compared to consensus estimates:
- Loss per share: 28 cents expected compared to 24 cents
- Revenue: $ 640.5 million compared to USD 639.6 million
According to a publication, sales at Telemealth Society decreased by 3% in the fourth quarter of USD 660.5 million in the same period of the previous year. The net loss of Teladoc rose to $ 48.4 million or 28 cents per share compared to a loss of $ 28.9 million or 17 cents per share a year ago.
Teladoc is in the middle of a deep break -in, with the share price in the past four years due to the high competition in remote health, the challenges of the mental health division Betterhelp and high operating costs.
When Teladoc 2020 Digital Health Company Livongo took over, companies had a combined company value of 37 billion US dollars. Teladoc's market capitalization was worth 1.9 billion US dollars on Wednesday.
“Since we are happy in 2025, the execution will continue to be a top priority, as we drive the efforts to unlock growth opportunities and position the company for long -term success,” said Chuck Divita, CEO of Teladoc. “We will also focus on our cost structure and build on the essential improvements in the previous year in the previous year.”
Teladoc recorded an adjusted profit of $ 74.8 million in the fourth quarter, which decreased from 35% compared to the previous year. The adjusted profit for the company's integrated care segment decreased by 5% to $ 53.2 million, and in Betterhelp the adjusted profits fell by 63% to $ 21.7 million.
In the first quarter, Teladoc expects sales between 608 and 629 million US dollars, while analysts expected $ 632.9 million. The company said that the adjusted result will be between $ 47 million and 59 million US dollars for the period.
At the beginning of this month, Teladoc announced that it will acquire the provision of the pension company in an all-cash deal for $ 65 million. According to Teladoc, the prospects includes the expected contribution from the business, but not the effects of potential impairments or purchase calculations. Teladoc said the acquisition should be completed at the end of the month.
Teladoc will organize his quarterly call with investors at 4:30 p.m. ET.
– Bertha Coombs from CNBC contributed to this report.
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