Teladoc reports Q1 EPS with charge (53c), consensus (36c)

Reports Q1 revenue $629.4M, consensus $619.23M. EPS includes a pre-tax goodwill impairment charge of $59.1M, or 34c per share, which occurred after the issuance of the previously provided outlook and was not included. The company said, “We are pleased with the solid start to 2025. Consolidated revenue and adjusted EBITDA were towards the higher end of our first quarter guidance ranges, including our Integrated Care segment being above our ranges for both measures and BetterHelp segment results in the upper half of our ranges as well. We also continue to make progress towards strategic priorities aimed at driving sustainable performance, including advancing our position in virtual mental health. We are excited about the UpLift acquisition announced today, which will further the BetterHelp segment’s ability to support consumers seeking to use their covered benefits for virtual mental health services. We continue to see significant opportunities ahead to strengthen our position across our business and unlock future growth potential. Despite uncertainties in the macro environment, we remain focused on what we can most impact, and are executing with urgency against the key strategic priorities that we have previously outlined.”