SEATTLE (AP) _ Accolade, Inc. (ACCD) on Monday reported fiscal third-quarter net income of $22.5 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Seattle-based company said it had profit of 31 cents. Losses, adjusted for one-time gains and costs, came to 39 cents per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 48 cents per share.

The company posted revenue of $83.5 million in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $76 million.

For the current quarter ending in February, Accolade said it expects revenue in the range of $90 million to $93 million.

The company expects full-year revenue in the range of $306 million to $309 million.

Accolade shares have declined 27% since the beginning of the year. In the final minutes of trading on Monday, shares hit $19.13, a decline of 61% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ACCD at https://www.zacks.com/ap/ACCD

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