Teladoc Edges Closer to Profits
Expectations were already high going into Teladoc Health's (NYSE: TDOC) fourth-quarter financial report. The virtual healthcare services company had provided robust preliminary results at the J.P. Morgan Healthcare Conference last month. CEO Jason Gorevic revealed that the company exceeded both internal and external revenue expectations.
On Wednesday, Teladoc went further, delivering revenue that was even higher than it initially reported. The company generated revenue of $156.5 million, up 27% year over year, sailing past the high end of its guidance range -- which topped out at $153 million -- and beating analysts' revised estimates of $152.95 million.
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Source Fool.com
