Accolade: Fiscal Q2 Earnings Snapshot
By AP News
Published - Oct 08, 2024, 07:09 AM ET
Last Updated - Oct 08, 2024, 07:09 AM EDT
SEATTLE (AP) — SEATTLE (AP) — Accolade, Inc. (ACCD) on Tuesday reported a loss of $23.9 million in its fiscal second quarter.
The Seattle-based company said it had a loss of 30 cents per share.
The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of 45 cents per share.
The company posted revenue of $106.4 million in the period, which also topped Street forecasts. Seven analysts surveyed by Zacks expected $105.1 million.
