Recap: Accelerate Diagnostics Q1 Earnings

Accelerate Diagnostics AXDX reported its Q1 earnings results on Monday, May 16, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Accelerate Diagnostics beat estimated earnings by 16.67%, reporting an EPS of $-0.25 versus an estimate of $-0.3.

Revenue was up $440.00 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 7.93% drop in the share price the next day.

Here's a look at Accelerate Diagnostics's past performance:

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate -0.25 -0.33 -0.33 -0.33
EPS Actual -0.23 -0.31 -0.36 -0.41
Revenue Estimate 3.70M 3.91M 3.07M 3.10M
Revenue Actual 3.30M 3.12M 2.80M 2.52M

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate -0.25 -0.33 -0.33 -0.33
EPS Actual -0.23 -0.31 -0.36 -0.41
Revenue Estimate 3.70M 3.91M 3.07M 3.10M
Revenue Actual 3.30M 3.12M 2.80M 2.52M

To track all earnings releases for Accelerate Diagnostics visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings