Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Teladoc Health, Inc. reported Full Year 2022 results: revenue $2,406.8 million, net income ($13,659.5 million), EPS ($84.60) per share.
- Period
- Full Year 2022
- Revenue
- $2,406.8 million
- Net income
- ($13,659.5 million)
- EPS
- ($84.60) per share
- Result
- reported results
Exact text from the filing
Full Year Ended December 31, 2022 Revenue increased 18% to $2,406.8 million from $2,032.7 million for the year ended December 31, 2022 (“Full-Year 2022”). Access fees revenue grew 21% to $2,103.8 million, and other revenue grew 4% to $303.0 million. U.S. revenues and International revenues each grew 18% to $2,101.0 million and $305.8 million, respectively. Revenue increased 6% to $1,373.9 million for the Integrated Care segment and increased 41% to $1,019.6 million for the BetterHelp segment for Full-Year 2022. Non-cash goodwill impairment charges of $13.4 billion were recorded for Full-Year 2022. The non-cash charges had no impact on the provision for income taxes. Net loss totaled $13,659.5 million, or ($84.60) per share, for the year ended December 31,2022, compared to $428.8 million, or ($2.73) per share, for the year ended December 31, 2021.
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Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Teladoc Health, Inc. reported Fourth Quarter 2022 results: revenue $637.7 million, net income ($3,810.1 million), EPS ($23.49) per share.
- Period
- Fourth Quarter 2022
- Revenue
- $637.7 million
- Net income
- ($3,810.1 million)
- EPS
- ($23.49) per share
- Result
- reported results
Exact text from the filing
Fourth Quarter 2022 Revenue increased 15% to $637.7 million from $554.2 million in the fourth quarter of 2021. Access fees revenue grew 16% to $553.7 million and other revenue grew 10% to $84.0 million. U.S. Revenues grew 15% to $554.4 million and International revenues grew 17% to $83.3 million. Revenue increased 6% to $357.1 million for the Teladoc Health Integrated Care (“Integrated Care”) segment and increased 29% to $277.0 million for the BetterHelp segment in the fourth quarter of 2022. See note (9) in the Notes section that follows for further information regarding segment reporting. Non-cash goodwill impairment charges of $3.8 billion were recorded in the fourth quarter of 2022. The non-cash charges had no impact on the provision for income taxes. Net loss totaled $3,810.1 million, or ($23.49) per share, for the fourth quarter of 2022, compared to $11.0 million, or ($0.07) per share, for the fourth quarter of 2021.
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