Fiscal first quarter 2021 revenue of $35.9 million, a 25% increase compared to fiscal first quarter 2020 revenue of $28.8 million, driven primarily by strength in new customer adds across segments and offerings
Launched pilot with Defense Health Agency, our first customer in the federal government sectorProvides fiscal second quarter 2021 and full-year fiscal 2021 guidanceSEATTLE, Aug. 13, 2020 (GLOBE NEWSWIRE) — Accolade, Inc. (NASDAQ: ACCD), which provides personalized, technology-enabled solutions that help people better understand, navigate, and utilize the healthcare system and their workplace benefits, today announced financial results for the fiscal first quarter ended May 31, 2020.“Accolade is a mission-driven organization, and in today’s environment, our mission is more important than ever. The COVID-19 pandemic has made an already siloed and opaque healthcare system even more complex for people to navigate. During our fiscal first quarter, we delivered positive financial results in a strong demand environment driven in part by that increased complexity,” said Rajeev Singh, Accolade CEO.Mr. Singh continued, “Our commitment to innovating for our customers was demonstrated again via the delivery of a new offering – Accolade COVID Response Care – to help our customers and their employees return to their workplace safely. As we look ahead to the future we see employers increasingly elevating healthcare and benefits and their utilization to a more a strategic buying decision given its role in business continuity.”Financial Highlights for Fiscal First Quarter 2021 ended May 31, 2020
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