Teladoc Health Q3 adj EBITDA beats consensus

By Reuters News


Overview

  • Virtual care provider's Q3 revenue fell 3% yr/yr but beat analyst expectations

  • Q3 adjusted EBITDA rose 14% yr/yr, beating analyst expectations

  • Company's Q3 net loss narrowed compared to prior year


Outlook

  • Teladoc Health expects 2026 revenue of $2.395 bln to $2.441 bln

  • Company sees 2026 adjusted EBITDA between $277 mln and $303 mln

  • Teladoc Health forecasts 2026 net loss per share of $0.95 to $0.75


Result Drivers

  • SEGMENT PERFORMANCE - Integrated Care segment revenue grew, while BetterHelp segment revenue declined due to fewer cash-pay users and focus on insurance-covered services

  • INNOVATION INITIATIVES - Co said Integrated Care segment results benefited from new offerings including Teladoc One, hybrid care and AI-enabled solutions

  • INSURANCE REVENUE - Co said BetterHelp segment insurance revenue exceeded expectations, with progress in expanding provider capacity and access to covered services


Company press release:


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

Beat

$605.10 mln

$588.48 mln (20 Analysts)

Q3 Loss Per Share

$0.15

Q3 Net Loss

$26.93 mln

Q3 Adjusted EBITDA

Beat

$79.36 mln

$67.76 mln (19 Analysts)

Q3 Loss Per Basic Share

$0.15


Analyst Coverage

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy", 18 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the healthcare facilities & services peer group is "buy."

  • Wall Street's median 12-month price target for Teladoc Health Inc is $7.00, about 8.5% above its October 27 closing price of $6.45


Reuters Recommended Reads

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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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