Accolade Announces Results for Fiscal Fourth Quarter and Full Year 2022

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Go back to Accolade Announces Results for Fiscal Fourth Quarter and Full Year 2022

Morgan Stanley Downgrades Accolade Inc. (ACCD) to Equalweight

April 29, 2022 5:48 AM EDT

Morgan Stanley analyst Ricky Goldwasser downgraded Accolade Inc. (NASDAQ: ACCD) from Overweight to Equalweight with a price target of $9.00 (from $30.00).

The analyst comments "We continue to like the long-term growth opportunity for Accolade and recognize sentiment is already very depressed. However, the loss... More

Accolade (ACCD) Misses Q4 EPS by 15c

April 28, 2022 4:04 PM EDT

Accolade (NASDAQ: ACCD) reported Q4 EPS of ($0.51), $0.15 worse than the analyst estimate of ($0.36). Revenue for the quarter came in at $93.8 million versus the consensus estimate of $91.57 million.

GUIDANCE:

Accolade sees FY2023 revenue of $350-365 million.

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

... More