Teladoc, Inc. Reports Preliminary Unaudited Revenue Results for the Fourth Quarter and Full Year 2017; Provides Earnings Guidance for the Full Year 2018
January 08, 2018 at 08:00 am EST
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Teladoc, Inc. reported preliminary unaudited earnings results for the fourth quarter and full year 2017. For the quarter, the company reported total revenues of approximately $232 million, an 88% increase over 2016.
For the year, the company reported total revenues of approximately $76 million, a 103% increase over 2016.
For the year 2018, the company expects total revenues of $350 million to $360 million, a 52% increase over 2017 (at the midpoint).
Teladoc Health, Inc. provides virtual healthcare services. The Company operates through two segments: Teladoc Health Integrated Care (Integrated Care) and BetterHelp. The Integrated Care segment includes a suite of global virtual medical services including general medical, expert medical services, specialty medical, chronic condition management, mental health, and enabling technologies and enterprise telehealth solutions for hospitals and health systems. Services in this segment are distributed primarily on a business-to-business (B2B) basis. The BetterHelp segment primarily consists of its direct-to-consumer (D2C) mental health platform. The online counseling and therapy services are provided via its network of over 40,000 licensed clinicians leveraging its platform for Web, mobile app, phone, and text-based interactions. Its Teladoc Health family of brands, including Teladoc and BetterHelp, deliver access to advice and resolution for an array of healthcare needs.
Teladoc, Inc. Reports Preliminary Unaudited Revenue Results for the Fourth Quarter and Full Year 2017; Provides Earnings Guidance for the Full Year 2018
TELADOC HEALTH, INC. 
