Teladoc says it has ‘solid momentum’ as revenue tops expectations

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Teladoc Health Inc. shares gained about 5% in after-hours trading Wednesday after the telemedicine company topped expectations with its first-quarter results and delivered an outlook that was better than anticipated at its midpoint.

The company posted a first-quarter net loss of $69 million, or 42 cents a share, whereas it posted a loss of $6.7 billion, or $41.58 a share, in the year-earlier period. Year-prior results included a $6.6 billion impairment charge.

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