Accolade: Q1 Earnings Insights

Accolade ACCD reported its Q1 earnings results on Thursday, June 29, 2023 at 04:03 PM.

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

Earnings

Accolade beat estimated earnings by 16.13%, reporting an EPS of $-0.52 versus an estimate of $-0.62.

Revenue was up $7.70 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0 which was followed by a 15.75% drop in the share price the next day.

Here's a look at Accolade's past performance:

Quarter Q4 2023 Q3 2023 Q2 2023 Q1 2023
EPS Estimate -0.42 -0.62 -0.72 -0.66
EPS Actual -0.42 -0.56 -0.66 -0.62
Revenue Estimate 99.44M 87.53M 82.86M 81.97M
Revenue Actual 99.03M 90.95M 87.64M 85.53M

To track all earnings releases for Accolade visit their earnings calendar here.

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

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