Accelerate Diagnostics: Q1 Earnings Snapshot
By AP News
Published - May 11, 2023, 04:21 PM ET
Last Updated - Jun 21, 2023, 08:25 PM EDT
TUCSON, Ariz. (AP) — TUCSON, Ariz. (AP) — Accelerate Diagnostics Inc. (AXDX) on Thursday reported a loss of $16.8 million in its first quarter.
On a per-share basis, the Tucson, Arizona-based company said it had a loss of 17 cents.
The maker of systems that diagnose drug-resistant infections posted revenue of $2.8 million in the period.
In the final minutes of trading on Thursday, the company's shares hit 75 cents. A year ago, they were trading at 72 cents.