Teladoc revenue soars 85% to $241M in Q2: 5 things to know 

Teladoc Health reported $241 million in revenue for the 2nd quarter of 2020, an 85 percent uptick from the same time last year..

Jackie Drees –
Thursday, July 30th, 2020
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5 things to know:.

1. Total check outs throughout the second quarter of 2020 increased 203 percent to 2.8 million..

2. Teladoc published a $25.7 million net loss for the quarter compared to a $29.3 million net loss throughout the second quarter of 2019..

3. The telehealth business reported $421.8 million in revenue for the very first 6 months of the year, up 63 percent from $258.8 million throughout the very first half of 2019..

4. Teladoc anticipates revenue for the 3rd quarter of 2020 to be between $275 million and $285 million, with full-year 2020 profits predicted in the variety of $980 million to $995 million..

5. The business anticipates overall visits in 2020 to be between 9.8 million and 10.3 million..

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