earnings
confidence high
sentiment negative
materiality 0.90
Teladoc Health reports Q2 revenue $592M (+18% YoY) but net loss $3.1B on $3.0B goodwill impairment
Teladoc Health, Inc.
2022-Q2 EPS reported
-$60.72
revenue$1,157,729,000
- Revenue $592.4M (+18% YoY); net loss per share $19.22, mainly from $3.0B non-cash goodwill impairment.
- Adjusted EBITDA $46.7M, down 30% YoY from $66.8M.
- CEO Jason Gorevic cited solid results and Primary360 momentum but noted macroeconomic uncertainty.
- Six-month revenue $1.16B (+21% YoY); net loss $9.78B.