Teladoc Health reports 2% revenue decrease to $642.4m in Q2 2024, withdraws 2024 outlook due to declining BetterHealth revenue.
Teladoc Health reported a 2% revenue decrease to $642.4m in Q2 2024, with a net loss of $837.7m. Integrated Care revenue increased 5% to $377.4m, while BetterHealth revenue decreased 9% to $265m. The company withdrew its 2024 outlook due to BetterHealth's decline. CEO Chuck Divita plans to strengthen execution and expand insurance access in the US.
8 months ago
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