Accelerate Diagnostics Inc (OQ:AXDX)
Business Focus: Advanced Medical Equipment & Technology
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Company News
May 08, 2024 16:42 ET
Accelerate Diagnostics Reports Preliminary First Quarter 2024 Financial Results
TUCSON, Ariz., May 8, 2024 /PRNewswire/ -- Accelerate Diagnostics, Inc. (Nasdaq: AXDX) today announced financial preliminary results for the first quarter ended March 31, 2024.
May 02, 2024 09:30 ET
Accelerate Diagnostics Scheduled Call to Review 2024 First Quarter Results.
TUCSON, Ariz., May 2, 2024 /PRNewswire/ -- Accelerate Diagnostics, Inc. (NASDAQ: AXDX) announced today that management will host a conference call on Wednesday, May 8, 2024, at 4:30 p.m. Eastern Time to review 2024 first quarter results.
Valuation Ratios
Industry
Sector
Beta
0.58
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Price to Sales - TTM
1.66
2.93
3.24
Price to Book - most recent quarter
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2.39
2.20
Price to Cash Flow per share - TTM
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20.70
13.96
Price to Free Cash Flow per share - TTM
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30.29
25.00
Business Summary
| Sector: Healthcare | Industry: Advanced Medical Equipment & Technology |
Accelerate Diagnostics, Inc. is an in vitro diagnostics company engaged in providing solutions for the global challenges of antibiotic resistance and sepsis. Its Accelerate Pheno system and Accelerate PhenoTest BC kit combine several technologies aimed at reducing the time clinicians must wait to determine the optimal antibiotic therapy for deadly infections. The United States Food and Drug Administration (FDA) cleared system and kit fully automate the sample preparation steps to report phenotypic antibiotic susceptibility results in approximately seven hours direct from positive blood cultures. The Accelerate PhenoTest BC Kit, which is the first test kit for the system, is indicated as an aid, in conjunction with other clinical and laboratory findings, in the diagnosis of bacteremia and fungemia, both life-threatening conditions with high morbidity and mortality risk. Its other products include Accelerate Arc system and BC Kit (Accelerate Arc Products) and Accelerate Wave system.
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