TLMD - SOC Telemed EPS misses by $0.04 beats on revenue; issues guidance

SOC Telemed (TLMD): Q1 GAAP EPS of -$0.17 misses by $0.04.Revenue of $14.82M (+0.1% Y/Y) beats by $0.86M.FY 2021 guidance: GAAP or reported revenue is expected to be in the range of $97-$103 million vs. estimates of 99.25M. Pro forma combined revenue, assuming the acquisition had closed at the beginning of 2021, is expected to be in the range of $107-$113 million, ~ 30-35% of which is expected to be contributed by Access Physicians.Adjusted Gross Margin is expected to be in the range of 42% and 45%.Adjusted EBITDA is expected to be in the range of $(15) million to $(19) million.Press Release

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SOC Telemed EPS misses by $0.04, beats on revenue; issues guidance