Accelerate Diagnostics Reports Third Quarter 2019 Financial Results

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Accelerate Diagnostics (AXDX) Tops Q3 EPS by 1c

November 7, 2019 4:46 PM EST

Accelerate Diagnostics (NASDAQ: AXDX) reported Q3 EPS of ($0.37), $0.01 better than the analyst estimate of ($0.38). Revenue for the quarter came in at $2.3 million versus the consensus estimate of $3.12 million.

Net cash used in the quarter was $15.9 million, and the company ended the quarter with total... More