Inactive Instrument

SOC Telemed, Inc.

Equities

HCCO

US78472F1012

Healthcare Facilities & Services

SOC Telemed, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2021

August 12, 2021 at 04:05 pm EDT

SOC Telemed, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2021. For the quarter, the company reported revenue of $24,960,000 compared to $13,554,000 a year ago. Loss from operations was $11,509,000 compared to $5,229,000 a year ago. Net loss and comprehensive loss was $14,458,000 compared to $8,163,000 a year ago. Net loss per share attributable to common stockholders, basic and diluted was $0.16 compared to $0.30 a year ago. For the six months, the company reported revenue of $39,781,000 compared to $28,361,000 a year ago. Loss from operations was $27,716,000 compared to $9,656,000 a year ago. Net loss and comprehensive loss was $27,053,000 compared to $15,380,000 a year ago. Net loss per share attributable to common stockholders, basic and diluted was $0.32 compared to $0.55 a year ago.

Latest news about SOC Telemed, Inc.

SOC Telemed, Inc. acquired Forefront TeleCare, Inc.	22-08-31	CI
SOC Telemed, Inc.(NasdaqGS:TLMD) dropped from S&P Global BMI Index	22-04-08	CI
SOC Telemed, Inc.(NasdaqGS:TLMD) dropped from S&P TMI Index	22-04-08	CI
SOC Telemed, Inc. Announces Directorate Changes	22-04-06	CI
SOC Telemed, Inc.(NasdaqGS:TLMD) dropped from NASDAQ Composite Index	22-04-06	CI
Patient Square Capital, LP completed the acquisition of SOC Telemed, Inc. from a group of shareholders.	22-04-05	CI
SOC Telemed Shareholders Vote in Favor of $300 Million, Private-Equity Buyout Proposal	22-04-04	MT
Transcript : SOC Telemed, Inc. - Shareholder/Analyst Call	22-04-04
SOC Telemed Q4 Net Loss Narrows as Revenue Rises	22-03-31	MT
Earnings Flash (TLMD) SOC TELEMED Posts Q4 Revenue $28M, vs. Street Est of $26.1M	22-03-30	MT
SOC Telemed, Inc. Reports Earnings Results for the Full Year Ended December 31, 2021	22-03-30	CI
SOC Telemed, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2021	22-03-30	CI
SOC Telemed Appoints Amanda Horton as New National Medical Director for Maternal-Fetal Medicine	22-02-18	CI
North American Morning Briefing : Stock Futures -3-	22-02-11	DJ
Credit Suisse Lifts SOC Telemed's PT to $3 from $2 After News of Take-Private Deal with Patient Square Capital; Maintains Neutral Rating	22-02-07	MT
North American Morning Briefing : Stocks Futures -3-	22-02-07	DJ
Benchmark Downgrades SOC Telemed to Hold From Buy	22-02-04	MT
North American Morning Briefing : Amazon.com, Snap -2-	22-02-04	DJ
Sector Update: Health Care Stocks Unable to Climb Back to Positive Ground	22-02-03	MT
Sector Update: Health Care Stocks Slightly Underwater This Afternoon	22-02-03	MT
RBC Capital Downgrades SOC Telemed to Sector Perform From Outperform, Lowers Price Target to $3 From $6	22-02-03	MT
Baird Downgrades SOC Telemed to Neutral from Outperform, Adjusts Price Target to $3 from $4	22-02-03	MT
SOC Telemed to Be Acquired by Patient Square Capital for $3/Share; Stock Soars Pre-Bell	22-02-03	MT
Wall Street Set to Open in Red Territory, Meta's Downbeat Earnings May Fuel Selloff	22-02-03	MT
Patient Square Capital, LP entered into a definitive agreement to acquire SOC Telemed, Inc. from a group of shareholders for approximately $310 million.	22-02-02	CI

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Company Profile

SOC Telemed, Inc. is a provider of acute care telemedicine services and technology to United States hospitals and healthcare systems. The Company's cloud-based Telemed IQ platform optimizes workflows and supports various provider-to-provider and provider-to-patient interactions via any Web-enabled device, at any care location, across the care continuum. The Company provides technology-enabled clinical solutions, which include acute teleNeurology, telePsychiatry, teleCritical Care (ICU), telePulmonology, teleCardiology, teleInfectious Disease, teleNephrology, teleMaternal-Fetal Medicine and other service lines, enabling healthcare organizations to build telemedicine programs across clinical specialties. Its platform is a fully integrated and configurable technology solution that seamlessly combines voice, video, imaging, electronic medical record (EMR) integration, clinical workflow optimization, clinical resource management, analytics, predictive modeling and other reporting tools.

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