earnings
confidence high
sentiment positive
materiality 0.75
Teladoc Q1 revenue $629M (+11% YoY); net loss $0.42/sh; guides Q2 rev $635-660M
Teladoc Health, Inc.
2023-Q1 EPS reported
-$0.42
revenue$629,244,000
- Revenue $629.2M (+11% YoY); Integrated Care $350M (+5%), BetterHelp $279M (+21%).
- Net loss $69.2M ($0.42/sh) vs $6.67B loss in Q1 2022 which included $6.6B goodwill impairment.
- Adjusted EBITDA $52.8M (-3% YoY); Integrated Care segment adj. EBITDA +51% to $35.1M, BetterHelp -41% to $17.6M.
- Q2 2023 guidance: rev $635-660M, adj. EBITDA $60-68M, net loss per share ($0.55)-($0.45).
- Full year 2023 guidance: rev $2.575-2.675B, adj. EBITDA $285-325M, net loss per share ($1.70)-($1.25).