NYSE$TDOC

Teladoc Health Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Teladoc Health's second quarter results were reported, revealing revenue growth but a significant net loss due to a goodwill impairment charge.

Teladoc Health's Q2 2022 earnings report showed an 18% increase in revenue year-over-year, reaching $592.4 million. However, the company reported a significant net loss of $3,101.5 million, or $19.22 per share, primarily due to a non-cash goodwill impairment charge of $3.0 billion.

  • Revenue increased by 18% year-over-year to $592.4 million.
  • Net loss was $3,101.5 million, or $19.22 per share, impacted by a $3.0 billion non-cash goodwill impairment charge.
  • Access fees revenue grew 20% to $518.7 million.
  • U.S. revenue increased 18% to $521.4 million, while international revenue grew 13% to $71.0 million.

Headline financials

Total Revenue

$592M

Previous: $503M+17.7%
EPS (adj)

-$0.44

Previous: -$0.86+48.8%
U.S. Integrated Care Members

56.6M

Previous: 52.0M+8.8%
Capital Expenditures

-$6.46M

Previous: -$4.41M-46.5%
Free Cash Flow

-$3.11B

Previous: -$138M-2148.5%
Net Income

-$3.1B

Previous: -$134M-2217.7%
Operating Income

-$3.1B

Previous: -$78.9M-3822.3%
Gross Profit

$410M

Previous: $343M+19.6%
Cash & Equivalents

$881M

Previous: $784M+12.4%
Total Assets

$8.1B

Previous: $17.6B-54.0%
Stock-Based Comp

$51M

Previous: $83M-38.5%

Revenue & EPS history

Teladoc · Revenue · Quarterly

$592M

Q2 2022+17.7%vs Q2 2021
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

Teladoc · $592M total across 2 segments · Q2 2022

  • Integrated Care
    $521M
  • BetterHelp
    $71M

Forward guidance

Teladoc Health is maintaining its previously issued revenue and adjusted EBITDA outlook for the fiscal year ending December 31, 2022, but expects results to be toward the lower end of those ranges.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

-1.2%

Avg return

Earnings day

-2.1%

Avg return

5 days after

-1.6%

Avg return

30 days after

49%

21 / 43 earnings

Positive

+23.7%

Q2 2023

Best reaction

-42.0%

Q1 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.8%+11.9%+27.9%
Q4 2025+15.5%+9.7%+10.5%
Q3 2025+6.2%-3.0%-7.8%
Q1 2025-2.8%-5.7%-3.8%
Q4 2024-13.6%-16.3%-26.4%
Q3 2024+0.9%-0.6%+34.3%
Q2 2024-11.7%-21.9%-26.3%
Q1 2024-5.2%-7.1%-16.4%
Q4 2023-25.6%-31.1%-27.3%
Q3 2023-3.3%-13.5%-5.3%
Q2 2023+23.7%+20.9%-6.1%
Q1 2023+3.4%+2.2%-14.4%
Q4 2022-3.9%-5.4%-12.2%
Q3 2022+6.4%+10.8%+3.2%
Q2 2022-11.4%-8.4%-20.1%
Q1 2022-42.0%-35.7%-38.1%
Q4 2021-5.4%+8.8%+6.8%
Q3 2021+5.6%+7.2%-22.4%
Q2 2021+1.4%-0.9%-5.5%
Q1 2021-10.1%-14.1%-20.7%
Q4 2020-14.2%-12.7%-30.9%
Q3 2020-2.3%-14.6%-11.9%
Q2 2020+11.5%+11.5%-1.9%
Q1 2020-9.1%-3.8%-3.9%
Q4 2019+14.1%+5.1%+38.6%
Q3 2019+7.1%+12.3%+17.1%
Q2 2019+1.9%-6.5%-17.5%
Q1 2019-2.0%+2.9%-1.8%
Q4 2018-4.5%-6.3%-17.5%
Q3 2018+4.6%-8.6%-9.9%
Q2 2018+9.0%+10.3%+29.6%
Q1 2018+5.7%-1.9%+18.4%
Q4 2017+4.0%+8.8%+4.5%
Q3 2017-3.0%-5.4%+8.0%
Q2 2017-7.1%-2.6%+5.5%
Q1 2017+23.3%+26.9%+46.3%
Q4 2016+6.8%-4.8%+13.4%
Q3 2016+6.2%+8.6%+19.4%
Q2 2016-16.1%-9.0%+2.9%
Q1 2016-1.5%
Q4 2015-7.3%
Q3 2015-10.6%
Q2 2015+3.6%
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014

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