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0.000920591554314908 -0.000712716042050273 -0.00475144028033504 -0.00908712953614065 -0.00572845518797878 -0.0339727980043951 -0.0231038783631287 -0.0180554730652729
Stock impact report

Virtual Health Company Teladoc’s 1Q Earnings Show Coronavirus Revenue Boost As It Eyes Sustaining Users [Forbes]

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
Company Research Source: Forbes
Teladoc member and child on video visit.Teladoc HealthTeladoc Health, which provides virtual doctors visits, saw demand surge to more than 2 million visits in the first quarter as the coronavirus pandemic swept the globe. The Purchase, New York-based company beat revenue expectations with $180.8 million but fell short when it came to losses per share at 5 cents more than what analysts expected. The company’s stock has more than doubled in value since January, closing at $175.10 before the earnings announcement Wednesday evening. It fell 4.8 percent on Thursday, though the market was down overall in reaction to thesurge in unemploymentclaims.The two million visits in the first quarter are a 90 percent increase over the 1 million visits from the same time last year, and a 67 percent increase over the 1.2 million visits in the fourth quarter of 2019. Growth is being driven by both existing and new clients, the company says. While the COVID-19 pandemic provided an initial boost as people Show less Read more
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