Accelerate Diagnostics Q2 EPS $(0.50) Beats $(0.55) Estimate, Sales $2.99M Miss $3.01M Estimate
Portfolio Pulse from Benzinga Newsdesk
Accelerate Diagnostics (NASDAQ:AXDX) reported Q2 EPS of $(0.50), beating the estimate of $(0.55), and sales of $2.99M, missing the estimate of $3.01M. EPS improved significantly from $(2.97) last year, while sales saw a slight increase from $2.92M.
August 08, 2024 | 9:01 pm
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Accelerate Diagnostics reported better-than-expected Q2 EPS of $(0.50), beating the $(0.55) estimate, but missed sales estimates slightly with $2.99M. EPS showed significant improvement from last year.
The better-than-expected EPS and significant improvement from last year's losses are positive indicators for investors. The slight miss in sales is less impactful given the overall positive earnings report.
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RELEVANCE 100