TUCSON, Ariz. (AP) — TUCSON, Ariz. (AP) — Accelerate Diagnostics Inc. (AXDX) on Wednesday reported a loss of $17 million in its first quarter.
The Tucson, Arizona-based company said it had a loss of 88 cents per share.
The maker of systems that diagnose drug-resistant infections posted revenue of $2.9 million in the period.
In the final minutes of trading on Wednesday, the company’s shares hit 91 cents. A year ago, they were trading at $7.90.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AXDX at https://www.zacks.com/ap/AXDX
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