$TDOC (Teladoc Health) Latest Earnings Report: Revenue +15%, Total Expenses +648%, Free Cash Flow -81% 😫DoYouKnowBillBrasky t1_j9zmdsu wrote
Reply to comment by ArtificialOP in $TDOC (Teladoc Health) Latest Earnings Report: Revenue +15%, Total Expenses +648%, Free Cash Flow -81% 😫 by FI_investor
It's a write down of assets (an accounting entry).
Example...Company A bought Company B for 10Billion...They wake up tomorrow and realize Company B is only worth 7Billion...3 Billion dollar Goodwill accounting entry.
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