Accolade, Inc. Provides Earnings Guidance for the Third Quarter and Full Fiscal Year 2024
October 04, 2023 at 04:30 pm EDT
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Accolade, Inc. provided earnings guidance for the third quarter and full fiscal year 2024. For the quarter, the company expects revenue in the range of $95 million to $97 million.
For the full year, the company expects revenue in a range of $410 million to $414 million, representing pro forma year-over-year growth of approximately 21% at the midpoint.
Accolade, Inc. provides personalized, technology-enabled solutions that help people understand, navigate, and utilize the healthcare system and their workplace benefits. Its customers are primarily employers that deploy Accolade solutions in order to provide employees and their families with a single place to turn for their health, healthcare, and benefits needs. It also offers medical opinion services to commercial customers and virtual primary care and mental health support. Its platform, True Health Engine, combines open, cloud-based intelligent technology with multimodal support from a team of empathetic and knowledgeable Accolade Health Assistants and clinicians, including registered nurses, physician medical directors, pharmacists, behavioral health specialists, womenâs health specialists, case management specialists, expert medical opinion providers, and virtual primary care physicians. Its offerings include Accolade Expert MD, Accolade Care, Plus and Connect and Accolade One.