Accolade's Q2 Boost: Revenue Rises, Losses Shrink, And Profitability Looms
Portfolio Pulse from Anusuya Lahiri
Accolade Inc (NASDAQ:ACCD) reported a 10% revenue increase in Q2 2025, beating expectations. Loss per share and adjusted EBITDA loss also improved. The company is on track for its first full year of adjusted EBITDA profitability. Despite positive results, ACCD stock has dropped over 67% year-to-date due to analyst price target cuts.
October 08, 2024 | 12:47 pm
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Accolade Inc reported a 10% revenue increase in Q2 2025, surpassing expectations. Loss per share and adjusted EBITDA loss improved, indicating progress towards profitability. Despite positive results, ACCD stock has dropped over 67% YTD due to analyst price target cuts.
Accolade's Q2 results show significant improvement in revenue and reduced losses, which are positive indicators for the company's financial health. The guidance for profitability further supports a positive outlook. However, the stock's significant YTD decline due to analyst price target cuts may temper immediate gains.
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