Why did AXDX's Q4 2022 earnings beat forecasts?

AXDX's Q4 2022 earnings did not beat forecasts, as evidenced by the company's financial results for the quarter. Here are the key points to consider:

1. **Actual EPS and Revenue**: The actual EPS and revenue for AXDX in Q4 2024 were not disclosed in the financial reports. However, the company's net sales for the quarter were reported as $2.8 million, which is lower than the $3.0 million recorded in the same quarter of the previous year.
2. **Earnings Release**: The earnings release date for AXDX's Q4 2024 financial results was March 20, 2025. This indicates that the earnings report was not released until several months after the quarter ended, which could have impacted the accuracy of the forecasts.
3. **Previous Performance**: AXDX has a history of missing revenue estimates, as indicated by the company's Q3 and Q1 financial reports, where they reported lower revenue than estimated. This trend suggests that the company may have continued to lag behind expectations in Q4 2024 as well.
4. **Financial Losses**: Although the company reported a net loss of $50.05 million for the full year ended December 31, 2024, which is an improvement from the previous year's net loss of $61.62 million, this does not necessarily mean that the Q4 earnings exceeded forecasts. The Q4 earnings in isolation are not provided, so it is not possible to determine if they beat or missed forecasts based on the available information.

In conclusion, based on the information available, AXDX's Q4 2024 earnings did not beat forecasts. The company's financial performance has been challenging, with revenue lagging estimates and net losses reported. The absence of actual EPS and revenue figures for Q4 2024 prevents a more detailed analysis, but the available data suggests that the earnings did not exceed forecasts.