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Teladoc: Q2 Earnings Snapshot
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NEW YORK (AP) — NEW YORK (AP) — Teladoc Inc. (TDOC) on Wednesday reported a loss of $38.9 million in its second quarter.

On a per-share basis, the New York-based company said it had a loss of 21 cents.

The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for a loss of 24 cents per share.

The telehealth services provider posted revenue of $606.9 million in the period, missing Street forecasts. Nine analysts surveyed by Zacks expected $614.7 million.

For the current quarter ending in September, Teladoc said it expects revenue in the range of $569 million to $609 million.

The company expects a full-year loss of $1 to 75 cents per share, with revenue ranging from $2.36 billion to $2.45 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TDOC at https://www.zacks.com/ap/TDOC

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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