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Teladoc Health Reports Second-Quarter 2021 Results, Raises Full-Year Revenue Guidance Teladoc Health, Inc.

• Second quarter revenue grows 109% year-over-year to $503 million, driving 2021 revenue outlook increase to $2,000 million to $2,025 million.
  
  
• Total second quarter visits top 3.5 million – 28% higher than Q2 2020, in the first wave of the pandemic.
  
  
• Significant new agreement with HCSC to provide Teladoc Health’s suite of whole-person chronic care solutions.
  
  
• Launched myStrength Complete, an integrated mental health service that combines app-based tools and coaching expertise with Teladoc’s therapists and psychiatrists to enable consumers to receive the level of mental health support and care they need, when they need it.

Reports Q2 EPS (86c), consensus (56c);

Sees Q3 EPS (78c)-(68c), consensus (56c);

Sees FY21 EPS ($3.60)-($3.65), consensus ($2.75)

 

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