SEATTLE (AP) — SEATTLE (AP) — Accolade, Inc. (ACCD) on Thursday reported a loss of $7.5 million in its fiscal fourth quarter.
The Seattle-based company said it had a loss of 10 cents per share.
The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for a loss of 11 cents per share.
The company posted revenue of $124.8 million in the period, which also topped Street forecasts. Eight analysts surveyed by Zacks expected $124 million.