Teladoc Stock Is Down Again After Earnings. This Time Results Beat Expectations.

Teladoc Health stock’s latest post-earnings decline—it sank successful extended trading Wednesday adjacent though the firm’s third-quarter results bushed expectations—is thing caller for the virtual wellness stock.

Teladoc (ticker: TDOC) reported a third-quarter nett nonaccomplishment of $84.3 million, oregon 53 cents a share. Revenue jumped 81% twelvemonth implicit twelvemonth to $522 million. Wall Street’s statement estimates called for a nett nonaccomplishment of 67 cents a stock and gross of $516.63 million, according to FactSet.

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