Accolade (ACCD) Misses Q1 EPS by 47c, Offers Guidance

Accolade (NASDAQ: ACCD) reported Q1 EPS of ($0.84), $0.47 worse than the analyst estimate of ($0.37). Revenue for the quarter came in at $59.5 million versus the consensus estimate of $55.66 million.

GUIDANCE:

Accolade sees FY2022 revenue of $300-305 million, versus the consensus of $277.9 million.

• Adjusted EBITDA, a non-GAAP measure, between $(49) million and $(54) million, compared to the previous guidance range between $(38) million and $(42) million

Accolade sees Q2 2022 revenue of $69-71 million, versus the consensus of $62 million.

• Adjusted EBITDA, a non-GAAP measure, between $(22) million and $(25) million

For earnings history and earnings-related data on Accolade (ACCD) click here.

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