NYSE$TDOC

Teladoc Health Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Teladoc Health reported a 27% increase in Q4 revenue to $156.5 million and a 44% increase in total visits to 1.2 million, demonstrating strong performance.

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.

Headline financials

Total Revenue

$156M

Previous: $123M+27.5%
EPS (adj)

-$0.26

Previous: -$0.35+25.7%
Total Visits

1.2M

No prior period
Capital Expenditures

$663K

No prior period
Free Cash Flow

$17.5M

No prior period
Net Income

-$19M

No prior period
Operating Income

-$15.6M

No prior period
Gross Profit

$101M

No prior period
Cash & Equivalents

$514M

No prior period
Total Assets

$1.6B

No prior period
Stock-Based Comp

$18.5M

No prior period

Revenue & EPS history

Teladoc · Revenue · Quarterly

$156M

Q4 2019+27.5%vs Q4 2018
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Revenue by segment

Teladoc · $156M total across 2 segments · Q4 2019

  • Integrated Care
    $127M
  • BetterHelp
    $29.5M

Forward guidance

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.

Tailwinds

  • Total revenue to be in the range of $169 million to $172 million.
  • EBITDA loss to be in the range of $(9) million to $(7) million.
  • Adjusted EBITDA to be in the range of $9 million to $11 million.
  • Total U.S. paid membership to be approximately 40 million to 41 million members and visit-fee-only access to be available to approximately 19.2 million individuals.
  • Total visits to be between 1.4 million and 1.6 million.

Headwinds

  • Net loss per share, based on 73.1 million weighted average shares outstanding, to be between $(0.37) and $(0.34).

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 Q4 2019

Historical avgQ4 2019

-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

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro