Accolade Q1 EPS $(0.35) Beats $(0.48) Estimate, Sales $110.47M Beat $105.19M Estimate
Portfolio Pulse from Benzinga Newsdesk
Accolade (NASDAQ:ACCD) reported better-than-expected Q1 earnings and sales. The company posted a loss of $(0.35) per share, beating the $(0.48) estimate, and sales of $110.47 million, surpassing the $105.19 million estimate. This represents a significant improvement over the same period last year.
June 27, 2024 | 8:04 pm
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Accolade reported Q1 losses of $(0.35) per share, beating the $(0.48) estimate, and sales of $110.47 million, surpassing the $105.19 million estimate. This indicates a strong performance and improvement over the same period last year.
Accolade's better-than-expected earnings and sales figures indicate strong financial performance and growth. Beating both EPS and sales estimates suggests positive market sentiment and potential short-term stock price increase.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100