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Teledoc Health saw a nearly four percent decline in early morning trading following its fourth-quarter results. The company reported a 15% revenue growth, reaching $638 million, surpassing Wall Street estimates. However, adjusted earnings per share were negative 30 cents, which was below expectations but within the management's guidance range. The gross margin stood at a positive 68.6%, indicating strong performance in this area. In contrast, both operating margin and net margin on a GAAP basis were disappointing. The analysis highlights important investing lessons relevant to all investors, regardless of their current holdings in Teledoc Health.