Q4 earnings

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By  Jessica Hagen 11:49 am February 23, 2023
Teletherapy company Talkspace reported a total of $30.2 million in revenue for Q4, with its total earnings for 2022 at around $120 million, all driven by growth in the business-to-business revenue. But the New York-based company reported a net loss of $18.3 million in the fourth quarter, comparable to the $18 million net loss it reported in Q3, though an improvement from the $21 million loss in...
By  Dave Muoio 03:17 pm March 22, 2021
Shares of consumer-friendly telehealth and wellness company Hims & Hers took a hit late last week when the company pulled back the curtain on its first quarterly earnings since going public through a special purpose acquisition company (SPAC) merger. While the company posted 2020 revenue that beat market expectations, its roughly $16 trading price immediately dipped from about $16 to the $14...
The virtual care company disclosed all-time-high revenue and membership growth during 2020, yet offered 2021 projections below what investors anticipated.
By  Dave Muoio 03:44 pm February 25, 2021
Teladoc Health has capped off what has proven to be a defining year for the virtual care company, if not telehealth at large. In its quarterly earnings call yesterday afternoon, the company announced that it had outpaced its revenue and earnings targets for both Q4 and FY 2020. In addition, CEO Jason Gorevic highlighted investments and acquisitions made throughout the year to develop services...
By  Dave Muoio 02:26 pm March 3, 2020
It was another strong quarter for the ever-growing Livongo Health, which yesterday reported to investors a 137% rise in year-over-year Q4 revenue from $21.2 million to $50.2 million. Full-year revenues followed a similar path, growing 149% from $68.4 million in 2018 to $169.9 million in 2019. “Livongo finished the year with excellent momentum, exceeding all of our guidance metrics, achieving...
By  Dave Muoio 03:00 pm February 28, 2020
The year 2019 was good to Teladoc Health. Although still operating at a loss, the virtual care provider enters the new year hot with reports that revenue and visits — domestic and international, paid membership and visit fee — all outpaced the company’s projections. Teladoc said during a Wednesday afternoon earnings call that it is expecting that growth to continue. Part of this is due to the...
By  Dave Muoio 01:16 pm January 30, 2020
This week in M&A. Imprivata, a tech company providing identity and authentication tools designed specifically for healthcare, has acquired GroundControl Solutions, inc., which is known for its automated enterprise mobile device management software. Imprivata anticipates that the purchase of this new tech will augment its platform with new capabilities for large and small healthcare...