PURCHASE, N.Y. (AP) _ Teladoc Inc. (TDOC) on Wednesday reported a loss of $199.6 million in its first quarter.

The Purchase, New York-based company said it had a loss of $1.31 per share. Earnings, adjusted for non-recurring costs, were 13 cents per share.

The results beat Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for a loss of 57 cents per share.

The telehealth services provider posted revenue of $453.7 million in the period, also surpassing Street forecasts. Ten analysts surveyed by Zacks expected $452.1 million.

Teladoc shares have declined nearly 7% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $186.31, a climb of roughly 3% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TDOC at https://www.zacks.com/ap/TDOC

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