2024-04-17 05:03:54 ET
Summary
- Teladoc's sales growth rate has slowed down in recent years, but its aggressive cost reduction program has fueled growth in adjusted EBITDA.
- The BetterHelp segment, which offers online therapy services, has strong potential for growth and could be a catalyst for Teladoc's future growth.
- Teladoc's adjusted EBITDA has been increasing, but the company has not yet achieved net income profitability. However, its valuation has become more rational, making it a potential long-term investment.
Teladoc Health ( TDOC ) is a growing healthcare delivery platform that enjoyed a lot of hype during the pandemic when Covid-19 restrictions fueled the company’s delivery of remote healthcare services....
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Teladoc: Improving Business Trends (Rating Upgrade)