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Free Post Earnings Research Report: Teladoc’s Revenues Soared 109%

Stock Monitor: Quality Systems Post Earnings Reporting

LONDON, UK / ACCESSWIRE / May 30, 2018 / If you want access to our free earnings report on Teladoc, Inc. (NYSE: TDOC), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=TDOC. The Company reported its first quarter fiscal 2018 operating and financial results on May 01, 2018. The telehealth services provider outperformed top- and bottom-line expectations. Additionally, the Company provided guidance for the upcoming quarter and fiscal year. Register today and get access to over 1,000 Free Research Reports by joining our site below:

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Active-Investors.com is currently working on the research report for Quality Systems, Inc. (NASDAQ: QSII), which also belongs to the Technology sector as the Company Teladoc. Do not miss out and become a member today for free to access this upcoming report at:

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Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Teladoc most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:

www.active-investors.com/registration-sg/?symbol=TDOC

Earnings Highlights and Summary

For the first quarter of the fiscal year 2018 , Teladoc's total revenues were $89.6 million, up 109% compared to $42.9 million in Q1 2017. The Company's revenue numbers beat analysts' estimates by $2.84 million.

During Q1 2018, Teladoc's gross profit margin was 70.0% compared to 71.7% in Q1 2017.

For Q1 2018, Teladoc's earnings before interest, tax, depreciation, and amortization (EBITDA) were negative $10.8 million compared to negative $12.2 million in Q1 2017. The Company's adjusted EBITDA improved to a loss of $1.4 million in the reported quarter compared to a loss of $9.1 million in the prior year's same quarter.

Teladoc's net loss was $23.9 million, or $0.39 loss per diluted share, in Q1 2018 compared to a net loss of $15.7 million, or $0.30 per diluted share, in Q1 2017. The Company's earnings numbers were better than Wall Street's estimates for a loss of $0.43 per share.

Segment Results

During Q1 2018, Teladoc's Subscription Access Fees' revenues surged 109% to $71.7 million compared to $34.3 million in Q1 2017. The Company's US Subscription Access Fees' revenues were $61.0 million in the reported quarter compared to $34.3 million in Q1 2017, representing an increase of 78%.

For Q1 2018, Teladoc's International Subscription Access Fees' revenues were $10.7 million compared to none in Q1 2017. The Company's Visits' revenues were $17.9 million in the reported quarter compared to $8.6 million in Q1 2017, reflecting an increase of 109%. Teladoc's General Medical Visits' (including dermatology and behavioral health) revenues were $16.3 million in Q1 2018 compared to $8.6 million in Q1 2017. The Company's Other Specialty Visits' (principally expert medical opinions) revenues were $1.6 million in the reported quarter versus none in the prior year's comparable quarter.

Teladoc's total visits from US Paid Membership were 554,000 in Q1 2018 compared to 385,000 in Q1 2017, reflecting an increase of 44%. The Company's paid visits totaled 298,000, or 54% of total visits from US paid membership, in the reported quarter compared to 217,000 paid visits, or 56% of total visits, in the prior year's corresponding quarter.

During Q1 2018, Teladoc's total US paid membership was 20.8 million, an increase of 41% compared to Q1 2017. The Company's US paid membership was 14.8 million. The Company's organic US paid membership growth was 27% in the reported quarter. Teladoc's total US Visit Fee Only access, which was launched on January 01, 2018, was available to 9.5 million individuals.

Business Outlook

For the second quarter of the fiscal year 2018, Teladoc is forecasting revenues to be in the range of $86 million to $87 million. The Company's adjusted EBITDA is expected to be in the band of $1.5 million to $2.5 million. For Q2 2018, Teladoc's US paid membership is expected to total approximately 20.8 million to 21.0 million and visit fee only access is expected to total between of 18 million to 18.5 million individuals at June 30, 2018. The Company's total visits are projected to be between 450,000 and 500,000 for the upcoming quarter. For Q2 2018, Teladoc is projecting net loss per diluted share to be between $0.35 and $0.37.

For the full fiscal year 2018, Teladoc is projecting revenues to be in the range of $350 million to $360 million. The Company's adjusted EBITDA is anticipated to be positive in the band of $7 million to $10 million. For FY18, Teladoc's US paid membership is expected to be approximately 22 million to 24 million, while total visits are projected to be between 1.9 million to 2.0 million. The Company is anticipating net loss per share to be in the range of $1.36 and $1.41 for FY18.

Stock Performance Snapshot

May 29, 2018 - At Tuesday's closing bell, Teladoc's stock slightly advanced 0.20%, ending the trading session at $50.80.

Volume traded for the day: 976.94 thousand shares, which was above the 3-month average volume of 969.54 thousand shares.

Stock performance in the last month – up 18.14%; previous three-month period – up 36.19%; past twelve-month period – up 67.66%; and year-to-date – up 45.77%

After yesterday's close, Teladoc's market cap was at $3.16 billion.

The stock is part of the Technology sector, categorized under the Healthcare Information Services industry.

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