February 26, 2021
One Medical, a tech-powered primary care platform, shared its financial results for the fourth quarter and full-year 2020 yesterday amid a press storm that alleges the company has been vaccinating ineligible patients.
A report from NPR found that the San Francisco-based company had allowed ineligible patients, including young, healthy people, as well as friends and family of company leadership,...
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...
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...
March 7, 2019
Teladoc Health has big plans going into 2019. From a business perspective, the telemedicine company anticipates becoming cash-flow positive this year, CEO Jason Gorevic said on a recent earnings call. And from an operations perspective, the company plans to pursue a "virtual first" strategy over the next year.
In the full year 2018, Teladoc increased revenue 79 percent from $233 million...
March 4, 2019
The fourth quarter of 2018 was a good one for Fitbit, with CEO James Park sharing news last week of the the device maker’s first year-over-year increase in sold devices since 2016. The company’s latest investor call touched upon many familiar themes, such as the shift from fitness trackers to smartwatches, but also suggests that Fitbit is viewing its health-focused services as an increasingly...
February 28, 2019
Dexcom held its Q4 2018 earnings call last week, reporting an overall very strong year, but also announcing outsourcing plans that will likely lead to layoffs in the US.
The company broke $1 billion in annual revenue in 2018, CEO Kevin Sayer said on the call, while increasing adoption, especially in Medicare and international markets, both of which are new to the company. And the company has set...
March 5, 2018
On its fourth quarter earnings call, Teladoc reported increases in total visits, utilization, and revenues, but also in net loss. CEO Jason Gorevic was optimistic, pointing to positive developments in Washington and the success of the platform during this year's worse-than-normal flu service.
Teladoc’s full-year revenue for 2017 was $77 million, a 106 percent increase from 2016. Net loss, however...