Teladoc Health's shares rose nearly 7% in premarket trade on Wednesday after the telehealth operator beat Wall Street expectations for second-quarter revenue, aided by its mental health platform.
rose nearly 7% in premarket trade on Wednesday after the telehealth operator beat Wall Street expectations for second-quarter revenue, aided by its mental health platform.
" continues to be well-positioned as the industry leader, and though it may take time to see meaningful new client growth, it is encouraging the company can continue to grow within existing clients," TD Cowen analyst Charles Rhyee said in a note. The company's integrated care operations saw more patients using their digital diabetes prevention program, Teladoc CEO Jason Gorevic said on a post-earnings conference call late Tuesday.
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