Accolade: Q3 Earnings Insights

Accolade (NASDAQ:ACCD) reported its Q3 earnings results on Monday, January 8, 2024 at 04:05 PM. Here’s what investors…

Accolade (NASDAQ:ACCD) reported its Q3 earnings results on Monday, January 8, 2024 at 04:05 PM.

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

Earnings

Accolade beat estimated earnings by 36.36%, reporting an EPS of $-0.28 versus an estimate of $-0.44.

Revenue was up $8.43 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.11 which was followed by a 13.13% drop in the share price the next day.

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

Quarter Q2 2024 Q1 2024 Q4 2023 Q3 2023
EPS Estimate -0.54 -0.62 -0.42 -0.62
EPS Actual -0.43 -0.52 -0.42 -0.56
Revenue Estimate 94.09M 90.30M 99.44M 87.53M
Revenue Actual 96.86M 93.23M 99.03M 90.95M

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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