Accolade (ACCD) Reports Q4 Revenues Beat; Offers 1Q & FY21 Revenues Guidance Above Consensus

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Accolade Announces Results for Fiscal Fourth Quarter and Full Year 2021

May 5, 2021 4:04 PM EDT

Fiscal fourth quarter 2021 revenue of $59.2 million, a 33% increase compared to fiscal fourth quarter 2020 revenue of $44.4 million Fiscal year 2021 revenue of $170.4 million, a 29% increase compared to fiscal year 2020 revenue of $132.5 million Initiates guidance for fiscal year 2022 revenue in the range of $260 million to $265 million, with Adjusted EBITDA in the range of $(38) million to $(42) million Acquisition of 2nd.MD and proposed acquisition of PlushCare increase addressable market to more than $200 billion

SEATTLE, May 05, 2021 (GLOBE NEWSWIRE) -- Accolade, Inc. (NASDAQ: ACCD), the company reinventing healthcare by helping people live their... More