NYSE$TDOC

Teladoc Health Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Teladoc Health's third quarter results reflected revenue growth and adjusted EBITDA exceeding expectations.

Teladoc Health reported a 17% increase in revenue, reaching $611.4 million. The net loss was $73.5 million, or $0.45 per share. Adjusted EBITDA totaled $51.2 million. Cash flow from operating activities was $63.0 million for the quarter.

  • Third quarter revenue grew 17% year-over-year to $611.4 million.
  • Net loss totaled $73.5 million, or $0.45 per share.
  • Adjusted EBITDA totaled $51.2 million.
  • Cash flow from operating activities was $63.0 million for the quarter.

Headline financials

Total Revenue

$611M

Previous: $522M+17.2%
EPS (adj)

-$0.45

Previous: -$0.53+15.1%
Total Visits

4.6M

Previous: 3.9M+17.7%
U.S. Integrated Care Members

57.8M

No prior period
Capital Expenditures

-$10.3M

Previous: -$5.61M-83.3%
Free Cash Flow

-$83.8M

Previous: -$90M+6.9%
Net Income

-$73.5M

Previous: -$84.3M+12.9%
Operating Income

-$71.7M

Previous: -$60.6M-18.4%
Gross Profit

$426M

Previous: $353M+20.7%
Cash & Equivalents

$900M

Previous: $824M+9.2%
Total Assets

$8.1B

Previous: $17.7B-54.1%
Stock-Based Comp

$55.7M

Previous: $71.7M-22.4%

Revenue & EPS history

Teladoc · Revenue · Quarterly

$611M

Q3 2022+17.2%vs Q3 2021
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

Teladoc · $660M total across 2 segments · Q3 2023

  • Integrated Care
    $374M
  • BetterHelp
    $286M

Forward guidance

Teladoc Health provided its outlook for the fourth quarter and full year 2022, based on current market conditions and expectations.

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 Q3 2022

Historical avgQ3 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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