Recap: Accelerate Diagnostics Q4 Earnings

Accelerate Diagnostics, Inc. -9.38%

Accelerate Diagnostics, Inc.

AXDX

1.16

-9.38%

Accelerate Diagnostics (NASDAQ:AXDX) reported its Q4 earnings results on Thursday, March 28, 2024 at 04:05 PM.

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

Earnings

Accelerate Diagnostics missed estimated earnings by -44.0%, reporting an EPS of $-0.89 versus an estimate of $-0.62.

Revenue was up $55 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.11 which was followed by a 3.0% drop in the share price the next day.

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

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -1.07 -1.40 -1.4 -1.5
EPS Actual -1.18 -1.31 -1.7 -1.5
Revenue Estimate 3.53M 3.60M 3.35M 2.87M
Revenue Actual 3.30M 2.92M 2.81M 2.97M

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.

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