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Investing.com -- Teladoc Health (NYSE:TDOC) stock rose 4% in after-hours trading Thursday after the virtual care provider reported preliminary third-quarter results that exceeded analyst expectations.
The company posted preliminary third-quarter revenue of $626.4 million, slightly above the consensus estimate of $625.9 million. Adjusted EBITDA came in at $69.9 million, significantly surpassing analyst expectations of $64.1 million.
Alongside the preliminary results, Teladoc announced that Chief Financial Officer Mala Murthy will be stepping down from her role to pursue an opportunity outside the healthcare industry. Murthy, who has served as CFO for six years, will continue in her position until November 21, 2025, and will participate in the company’s upcoming third-quarter earnings call.
"As CFO, Mala made significant contributions to the company, building financial strength and advancing strategic priorities to support our market leadership position," said Teladoc Health Chief Executive Officer Chuck Divita in a statement.
The company has initiated a search for its next CFO and plans to implement an interim leadership structure with key finance leaders reporting directly to Divita until a replacement is found.
Despite the leadership change, Teladoc reaffirmed its full-year 2025 consolidated revenue and adjusted EBITDA outlook that was previously issued on July 29, 2025. The company indicated it will provide additional segment-level details and other information in its complete third-quarter earnings release.
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