Accolade: Fiscal Q3 Earnings Snapshot
By AP News
Published - Jan 08, 2024, 04:15 PM ET
Last Updated - Jan 08, 2024, 04:15 PM EST
SEATTLE (AP) — SEATTLE (AP) — Accolade, Inc. (ACCD) on Monday reported a loss of $21.1 million in its fiscal third quarter.
The Seattle-based company said it had a loss of 28 cents per share.
The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for a loss of 46 cents per share.
The company posted revenue of $99.4 million in the period, also exceeding Street forecasts. Seven analysts surveyed by Zacks expected $96.5 million.
