NEW YORK (AP) — NEW YORK (AP) — Teladoc Inc. (TDOC) on Wednesday reported a loss of $25.1 million in its fourth quarter.
The New York-based company said it had a loss of 14 cents per share.
The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for a loss of 19 cents per share.
The telehealth services provider posted revenue of $642.3 million in the period, also topping Street forecasts. Eleven analysts surveyed by Zacks expected $633.9 million.
For the year, the company reported a loss of $200.3 million, or $1.14 per share. Revenue was reported as $2.53 billion.
For the current quarter ending in March, Teladoc said it expects revenue in the range of $598 million to $620 million.
The company expects a full-year loss of $1.10 to 70 cents per share, with revenue ranging from $2.47 billion to $2.59 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TDOC at https://www.zacks.com/ap/TDOC
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