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TUCSON, Ariz., Jan. 12, 2021 /PRNewswire/ -- Accelerate Diagnostics, Inc. (Nasdaq: AXDX) today announced preliminary financial results for the fourth quarter and full year ending December 31, 2020

-- Earnings Flash (AXDX) ACCELERATE DIAGNOSTICS Posts Q4 Revenue $3.1M MT Newswires 02/23 16:19 ET Accelerate Diagnostics Reports Fourth Quarter and Full-Year 2020 Financial Results Accelerate Diagnostics (NASDAQ: AXDX) reported Q4 2020 revenue of $3.11 million up 10.4% year over year. In the same quarter last year, Accelerate Diagnostics's revenue was $3.47 million. Accelerate Diagnostics, Inc. announced financial results for the fourth quarter and full year ended December 31, 2019. “Our contracted instrument trajectory continued over the course of 2019 as we doubled our global contracted instrument base by signing 304 instruments, including 137 units during the fourth quarter. The top 10 competitors average 817.3M. Over the last four quarters, Accelerate Diagnostics's revenue has grown by 57.1%. Specifically, in Q4 2020's revenue was $5.5M; in Q3 2020, it was $3.6M; in Q2 2020, it was $2.1M; in Q4 2019, Accelerate Diagnostics's revenue was $3.5M.

Learn everything you need to know about successful options t Accelerate Diagnostics Inc is an in vitro diagnostics company that specializes in rapid www.acceleratediagnostics.com Title Head, Sales, UK and Ireland. Accelerate Diagnostics, Inc. was founded in 1982 and is headquartered in Tucson, Arizona. income statement | balance sheet | cash flow Revenue: $10 to $25 million (USD). Competitors: UNKNOWN.

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Accelerate Diagnostics, Inc. announced financial results for the fourth quarter and full year ended December 31, 2019. “Our contracted instrument trajectory continued over the course of 2019 as we doubled our global contracted instrument base by signing 304 instruments, including 137 units during the fourth quarter. The top 10 competitors average 817.3M.

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Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income.

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The maker of systems that diagnose drug-resistant infections posted revenue of $3.1 million in the period. For the year, the company reported that its loss narrowed to $78.2 million, or $1.40 per share. Revenue was reported as $11.2 million. Accelerate Diagnostics shares have increased 47% since the beginning of the year.

$0.011B. Accelerate Diagnostics, Inc. is focused on developing and commercializing instrumentation for the rapid identification and antibiotic susceptibility testing of infectious pathogens. Get the detailed quarterly/annual income statement for Accelerate Diagnostics, Inc. (AXDX).

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For the quarter ended December 30, 2019 Accelerate Diagnostics expects total revenues of $3.5 million, up from $1.8 million in the year-ago quarter. For the full year, total revenue is expected to be $9.3 million, up 63 percent compared to its full-year 2018 revenues of $5.7 million.

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