NYSE$TDOC

Teladoc Health Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Teladoc Health's Q4 2022 earnings were released, showing revenue growth but a significant net loss due to goodwill impairment charges.

Teladoc Health reported a 15% increase in revenue for Q4 2022, reaching $637.7 million. However, the company experienced a net loss of $3,810.1 million, or ($23.49) per share, primarily due to non-cash goodwill impairment charges of $3.8 billion.

  • Revenue grew 15% year-over-year to $637.7 million.
  • Net loss per share was ($23.49), driven by non-cash goodwill impairment charges.
  • Adjusted EBITDA increased 22% to $94.1 million.
  • U.S. revenues grew 15% and International revenues grew 17%.

Headline financials

Total Revenue

$638M

Previous: $554M+15.1%
EPS (adj)

-$0.23

Previous: -$0.07-228.6%
Total Visits

4.8M

Previous: 4.4M+8.9%
U.S. Integrated Care Members

83.3M

No prior period
BetterHelp Paying Users

450.0K

No prior period
Capital Expenditures

$6.2M

Previous: $2.92M+111.9%
Free Cash Flow

$59.4M

Previous: $80.3M-26.1%
Net Income

-$3.81B

Previous: -$11M-34584.3%
Operating Income

-$3.82B

Previous: -$37.3M-10136.2%
Gross Profit

$449M

Previous: $379M+18.3%
Cash & Equivalents

$918M

Previous: $893M+2.8%
Total Assets

$4.35B

Previous: $17.7B-75.5%
Stock-Based Comp

$50.8M

Previous: $61.6M-17.6%

Revenue & EPS history

Teladoc · Revenue · Quarterly

$638M

Q4 2022+15.1%vs Q4 2021
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

Teladoc · $634M total across 2 segments · Q4 2022

  • Integrated Care
    $357M
  • BetterHelp
    $277M

Forward guidance

Teladoc Health provided financial outlook for Q1 2023 and full year 2023.

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 2022

Historical avgQ4 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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