Teladoc racks up billions more in goodwill charges, gives downbeat earnings forecast

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Teladoc posted a sizable net loss for its latest quarter after taking more impairment charges, and it delivered a downbeat first-quarter forecast.

Teladoc Health Inc. posted a sizable net loss for its latest quarter after taking more impairment charges, and it delivered a first-quarter forecast that trailed the consensus view.

Shares of Teladoc TDOC were off more than 7% in after-hours trading Wednesday following its earnings report. Teladoc recorded fourth-quarter adjusted earnings before interest, taxes, depreciation, and amortization of $94 million, up from $77 million a year before, while the FactSet consensus was for $92 million.

 

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