Teladoc Plummet 20% on Q2 EPS Miss and Worse Than Expected Outlook

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Access fees revenue came in at $518.7 million (up 20% year-over-year) and visit fee revenue at $66.7 million (up 7% year-over-year). U.S. Revenues increased 18% year-over-year to $521.4 million and International revenues increased 13% year-over-year to $71.0 million.

The company expects Q3/22 EPS of ($0.85)-($0.60), compared to the consensus of ($0.55), and revenue of $600-620 million, compared to the consensus of $613.73 million.

For the full 2022-year, the company expects EPS of ($62.00)-($61.00), compared to the consensus of ($42.89), and revenue of $2.4-2.5 billion, compared to the consensus of $2.43 billion.

By Davit Kirakosyan