Recap: Accelerate Diagnostics Q1 Earnings

Accelerate Diagnostics AXDX reported its Q1 earnings results on Thursday, May 11, 2023 at 04:05 PM.

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

Accelerate Diagnostics missed estimated earnings by 21.43%, reporting an EPS of $-0.17 versus an estimate of $-0.14.

Revenue was down $146 thousand from the same period last year.

Last quarter the company missed on EPS by $0.0 which was followed by a 41.49% increase in the share price the next day.

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

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.15	-0.19	-0.28	-0.30
EPS Actual	-0.15	-0.18	-0.23	-0.25
Revenue Estimate	2.87M	3.75M	3.00M	2.95M
Revenue Actual	2.97M	2.96M	3.86M	2.96M

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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