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Accelerate Diagnostics: Q2 Earnings Snapshot

Accelerate Diagnostics: Q2 Earnings Snapshot

By AP News
Published - Aug 08, 2024, 05:03 PM ET
Last Updated - Aug 08, 2024, 05:03 PM EDT

TUCSON, Ariz. (AP) — TUCSON, Ariz. (AP) — Accelerate Diagnostics Inc. (AXDX) on Thursday reported a loss of $11.6 million in its second quarter.

On a per-share basis, the Tucson, Arizona-based company said it had a loss of 50 cents.

The maker of systems that diagnose drug-resistant infections posted revenue of $3 million in the period.

In the final minutes of trading on Thursday, the company's shares hit $1.42. A year ago, they were trading at $6.83.

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