Accelerate Diagnostics: Q3 Earnings Snapshot

TUCSON, Ariz. (AP) — TUCSON, Ariz. (AP) — Accelerate Diagnostics Inc. (AXDX) on Thursday reported a third-quarter loss of $14.6 million, after reporting a profit in the same period a year earlier.

The Tucson, Arizona-based company said it had a loss of 59 cents per share.

The maker of systems that diagnose drug-resistant infections posted revenue of $3 million in the period.

In the final minutes of trading on Thursday, the company’s shares hit $1.97. A year ago, they were trading at $5.73.

_____

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

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up