Teladoc Inc.’s TDOC reported first-quarter 2016 operating loss of 40 cents per share, wider than the Zacks Consensus Estimate of a loss of 38 cents. Higher operating expenses resulted in the wider-than-expected loss, partially mitigated by a surge in revenues. Total revenue of $27 million was in line with Zacks Consensus Estimate. However, the top line soared 63% year on year. A 57% increase in subscription access fees to $20.7million and an 87% surge in revenues from visit fees to $6.2 million drove the overall top-line growth.Total operating expenses increased 41% to $33.7 million from $23.9 million in the year-ago quarter. The increase was driven by higher advertising and marketing, sales, technology and development, general and administrative as well as depreciation and amortization expenses.Teladoc’s total membership increased 42% year over year to 15.1 million.Total visits of 0.24 million surged 61% year over year.Financial PositionTeladoc’s total assets were $213.5 million, down 7% from $229.7 million as of Dec 31, 2015.Total cash and cash equivalents were $50.2 million at the end of the quarter, down 8.9% from $55.1 million as of Dec 31, 2015.GuidanceFor second-quarter 2016, the company expects revenues in the range of $27.5–$28.5 million. EBITDA is projected between a loss of $12.3 million and a loss of $13.3 million. Adjusted EBITDA is estimated between a loss of $10.5 million and a loss of $11.5 million. Membership will be approximately 15.25–15.5 million as of Jun 30, 2016. Teladoc anticipates total visits between 180,000 and 190,000. Also, second-quarter net loss per share, based on 38.75 million weighted average shares outstanding, is projected between 41 cents and 42 cents.Teladoc provided the full-year 2016 guidance as well. Revenues are projected in the range of $118–$122 million. EBITDA is expected between a loss of $42 million and a loss of $44 million. Adjusted EBITDA is estimated between a loss of $35 million and a loss of $37 million. Guidance for membership lies in the range of 16.5–17.5 million as of Dec 31, 2016. Total visits are likely to be between 880,000 and 900,000. Net loss per share, based on 39.0 million weighted average shares outstanding, is expected to be between $1.33 and $1.38.Notably, this was the fourth quarter as a publicly traded company for Teladoc, the first and largest telehealth provider in the nation. The company, which was founded in 2002, launched its IPO in Jun, 2015.Teladoc is renowned for clinical quality and patient satisfaction, which will enable it to maintain its leading position in the rapidly growing telemedicine industry. Zacks Rank and Other Stocks to ConsiderTeladoc carries a Zacks Rank # 3 (Hold). Among the other health care stocks, the bottom line at UnitedHealth Group Incorporated UNH, Anthem Inc. ANTM and Aetna Inc. AET have surpassed their respective Zacks Consensus Estimate Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AETNA INC-NEW (AET): Free Stock Analysis Report UNITEDHEALTH GP (UNH): Free Stock Analysis Report ANTHEM INC (ANTM): Free Stock Analysis Report TELADOC INC (TDOC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research