Teladoc Health, the leading telemedicine provider, reported a narrower loss in the second quarter, while its revenue increased to $652.4 million from $592.4 million. This positive performance has prompted the company to revise its annual revenue forecast, now expecting between $2.6 billion and $2.68 billion. Teladoc Health also adjusted its per-share loss outlook, predicting a range of $1.25 to $1.60, compared to the previous estimate of potentially up to $1.70. The market responded positively to these figures, with Teladoc Health’s shares rising by 4.5% to $23.81 in after-hours trading.
Robert Half Reports Lower Earnings for Q2
Employment agency Robert Half announced earnings of $1 per share for the second quarter, a decrease from $1.60 per share during the same period last year. This figure fell short of analyst expectations for $1.13 per share, according to FactSet. As a result, Robert Half’s shares declined by 11% to $71.50 in aftermarket trading.
Waste Management’s Q2 Earnings and Revenue Below Expectations
Waste Management recorded weaker earnings and revenue in the second quarter than analysts had anticipated, causing the company to revise its revenue outlook. CEO Jim Fish cites persistent inflation in various cost categories, lower-than-expected renewable energy prices, and slower-than-planned event-driven volumes as challenges faced by the company. Consequently, Waste Management’s shares experienced a 5% slide to $163.