Teladoc Posts Wider Q2 Loss On Higher Expenses; Revenue Up 78% - Quick Facts

(RTTNews) - Teladoc, Inc. (TDOC), the first and largest telehealth platform in the United States, reported a second quarter net loss available to stockholders of $17.06 million compared to a loss of $4.25 million, a year ago. Net loss per share was $7.20, compared to a loss of $2.15. Non-GAAP loss per share was $7.20, for the quarter.

Total revenue was $18.3 million, an increase of 78%. Analysts polled by Thomson Reuters expected revenue of $17.06 million for the quarter. Total visits were 125,322, compared to 61,379, an increase of 104%.

For the third quarter 2015, the company expects: revenue to be in the range of $19.0 million to $19.5 million. Analysts expect the company to report revenue of $17.97 million.

For full year 2015, the company expects revenue to be in the range of $73.0 million to $75.0 million. Analysts expect the company to report revenue of $71.87 million.