Teladoc reported $232 million in total revenues for 2017, according to preliminary unaudited financial results, marking an 88 percent uptick over 2016.
Here are seven things to know about the company's fourth quarter unaudited financial results.
1. Teladoc's membership rose to 23 million, representing a 31 percent increase over 2016.
2. The company reported roughly 1.46 million visits, or a 53 percent increase over 2016.
3. Teladoc also added that it saw 7 percent utilization, compared to 6 percent utilization in 2016.
4. In Teladoc's fourth quarter, the company reported total revenues of approximately $76 million, or a 103 percent increase over 2016.
5. For 2018, Teladoc projects total revenues in the range of $350 million to $360 million, which would be a 52 percent increase over 2017 at the midpoint.
6. The company expects total membership to reach 22 million to 24 million, a 20 percent increase over 2017 at the midpoint, plus visit fee only access to 18 million individuals compared to zero in 2017.
7. Teladoc projects 1.9 million to 2 million visits — a 33 percent increase over 2017 at the midpoint — in 2018.