Accolade Announces Results for Fiscal Second Quarter 2022

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Go back to Accolade Announces Results for Fiscal Second Quarter 2022

Accolade Inc. (ACCD) PT Lowered to $56 at Needham & Company

October 8, 2021 7:50 AM EDT

Needham & Company analyst Ryan MacDonald lowered the price target on Accolade Inc. (NASDAQ: ACCD) to $56.00 (from $68.00) while maintaining a Buy rating.

The analyst commented, "We reiterate our Buy rating, while lowering our PT to $56, on Accolade (ACCD) following the company's solid 2QF22 results,... More

Accolade (ACCD) Misses Q2 EPS by 41c, Revenue Beats, Offers Guidance

October 7, 2021 4:09 PM EDT

Accolade (NASDAQ: ACCD) reported Q2 EPS of ($0.97), $0.41 worse than the analyst estimate of ($0.56). Revenue for the quarter came in at $73.3 million versus the consensus estimate of $70.41 million.

GUIDANCE:

Accolade sees Q3 2022 revenue of $74.5-76.5 million, versus the consensus of $72.7 million.

Adjusted EBITDA... More