Teladoc Earnings: 6 Key Metrics Investors Should See
Teladoc Health (NYSE: TDOC), the global leader in virtual healthcare, reported robust first-quarter 2020 results after the market closed on Wednesday.
Shares closed down 1% in after-hours trading on Wednesday. We can attribute the market's reaction to loss per share coming in somewhat larger than Wall Street's consensus estimate. Revenue, however, crushed initial expectations, fueled by the coronavirus-driven surge in virtual visits in March.
The market's initial reaction was muted because the results were a bit anticlimactic. The company had released preliminary results for several key metrics on April 14, which was followed by its stock popping 9.2% the next day.
Source Fool.com
