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-0.00349732872744449 -0.00444139292380983 -0.00796017765571703 -0.0102774261377047 -0.0172291715836678 -0.0398008882785848 -0.0305748063595598 -0.0388997360911452
Stock impact report

Teladoc Stock Falls on Downbeat Forecast for Membership [Yahoo! Finance News]

Teladoc Health, Inc. (TDOC) 
Last teladoc health, inc. earnings: 4/29 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.teladoc.com/investors/default.aspx
Text sizeTeladoc has added 25 million members in the past two years, according to its CEO.Courtesy TeledocShares of the virtual healthcare providerTeladoc HealtThe company achieved an extraordinary expansion in 2020, as the Covid-19 pandemic pushed medical visits online. On Wednesday evening, Teladoc reported revenues of $383.2 million for the fourth quarter of 2020, up 145% year over year. Revenues for 2020 were $1.1 billion, up from $553.3 million in 2019.Shares of Teladoc are up 88.3% over the past 12 months, and 27.3% so far this year.earnings reportIn a note on Thursday, Jefferies analyst Dave Windley wrote that the company added 15.1 million members in 2020, and 13.9 million in 2019, increases that helped lift the stock over the past year and a half.“Why the softer guide?” Windley wrote “The obvious, valid reason is that TDOC has added 29M Paid Members since 2018, +127%, and COVID probably pulled some forward out of ’21.”In a separate note, SVB Leerink analyst Stephanie Davis sa Show less Read more
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