Accolade Inc

Announcement: ACCD 8-K Special Filing

Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend]

Announcement: ACCD SC 13G/A Statement of acquisition of beneficial ownership by individuals - amendment

Form 8-K - Current report - Item 2.02 Item 9.01

Analyst Summary:

Accolade, Inc. (NASDAQ: ACCD) announced their third quarter financial results for the period ended November 30, 2022. CEO Rajeev Singh highlighted the company's commitment to engineering a better healthcare experience to proactively engage customers to navigate them towards quality healthcare and informed decisions. Accolade announced preliminary guidance for the FY2024 revenue growth and adjusted EBITDA and remains committed to delivering positive adjusted EBITDA and cash flow in FY2025. The company hosted a conference call to discuss their financial results, and management provided forward-looking statements relating to their growth and financial outlook for investors. The company also reported non-GAAP financial measures, including Adjusted Gross Profit, Adjusted Gross Margin, and Adjusted EBITDA, which showed consistency and comparability with past financial performance, but should not be considered in isolation or as a substitute for GAAP financial information.