teladoc-stock-sinks-on-wider-loss-and-weak-guidance

Teladoc Stock Sinks on Wider Loss and Weak Guidance

This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com.

https://www.barrons.com/articles/teladoc-stock-earnings-guidance-51658998774

Updated July 28, 2022 6:23 am ET / Original July 28, 2022 5:00 am ET

  • Order Reprints
  • Print Article

Teladoc Health was falling nearly 25% in premarket trading Thursday after the remote healthcare provider posted a wider-than-expected quarterly loss after recording a $3 billion impairment charge.

Teladoc (ticker: TDOC) reported a second-quarter loss of $3.1 billion, or $19.22 a share, which included the charge that came to $18.78 on a per-share basis. A year earlier, Teladoc reported a loss of 86 cents a share.

 » Read More  » Read More

Tags: No tags

Comments are closed.