Teladoc Health reported strong Q4 2019 results, with revenue increasing by 27% year-over-year to $156.5 million and total visits increasing by 44% to 1.2 million. The company's diversified growth strategies are driving strong growth across its channels.
Q4 revenue increased 27% year-over-year to $156.5 million.
Total visits increased 44% year-over-year to 1.2 million.
Net loss was $(19.0) million for the fourth quarter 2019 compared to $(24.9) million for the fourth quarter 2018.
Net loss per basic and diluted share was $(0.26) for the fourth quarter 2019 compared to $(0.35) for the fourth quarter 2018.
For the first-quarter 2020, Teladoc Health expects total revenue to be in the range of $169 million to $172 million and total visits to be between 1.4 million and 1.6 million.
Visualization of income flow from segment revenue to net income
Analyze how earnings announcements historically affect stock price performance