Teladoc CEO on Q4 results and 2021 growth forecast for telehealth business

National Financial Solution > Financial Forecast > Teladoc CEO on Q4 results and 2021 growth forecast for telehealth business



Teladoc reported a 145% increase in quarterly revenue as more people booked virtual doctor visits during the pandemic. The stock was one of the big pandemic winners, though shares have given up some of those gains recently and were lower ahead of Thursday’s open. Teladoc CEO Jason Gorevic joined CNBC’s Bertha Coombs on “Squawk Box” to discuss the company’s results and forecast for 2021. To see the full interview with Gorevic sign up for a free trial to CNBC Pro: https://cnb.cx/2ZPZyd3

The telemedicine company’s shares dropped 6.6% after Teladoc released mixed quarterly results. The company posted a loss per share of 27 cents on revenue of $383.3 million. That loss was 3 cents per share higher than what analysts expected, according to Refinitiv. However, Teladoc’s revenue of $383.3 million beat a forecast of $378.9 million.

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