Brief: Accelerate Diagnostics Announces Preliminary Fourth Quarter & Full-Year 2021 Financial Results

Accelerate Diagnostics

13/01/2022 14:37

Jan 13 (Reuters) - Accelerate Diagnostics Inc  AXDX.O :
    * ACCELERATE DIAGNOSTICS ANNOUNCES PRELIMINARY FOURTH
QUARTER &
FULL-YEAR 2021 FINANCIAL RESULTS
    * SEES Q4 REVENUE ABOUT $3.3 MILLION
    * SEES FY REVENUE $11.8 MILLION
    * GROSS MARGIN IS EXPECTED TO BE ROUGHLY 35% FOR FULL-YEAR
2021
    * ACCELERATE DIAGNOSTICS - NET CASH USED IS EXPECTED TO BE
ABOUT
$47 MILLION FOR FY 2021, RESULTING IN CASH ON HAND OF $64
MILLION
    * Q4 REVENUE VIEW $3.9 MILLION -- REFINITIV IBES DATA
    * FY2021 REVENUE VIEW $12.3 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nPn3hrdWra 
Further company coverage:  AXDX.O 

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