Teladoc shares are trading lower after the company reported mixed Q3 financial results and issued Q4 and FY23 revenue guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Teladoc reported mixed Q3 financial results and issued Q4 and FY23 revenue guidance below estimates, causing its shares to trade lower.
October 25, 2023 | 1:43 pm
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Teladoc's shares are trading lower due to mixed Q3 results and lower than expected Q4 and FY23 revenue guidance.
Teladoc's lower than expected revenue guidance for Q4 and FY23 indicates potential financial challenges, which is likely to negatively impact investor sentiment and drive the stock price down in the short term.
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