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                                    What caused AXDX's earnings to drop in Q1 2023?
                                </h1> <div class="user_slot" data-v-91e9c5c4=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/default_aime_user.ec532c9.png" alt="user" class="avatar" data-v-91e9c5c4=""> <span class="user_desction" data-v-91e9c5c4="">
                                        
                                        4/5/2025 04:30pm
                                    </span></div></div></div> <div class="seo-text-answer" data-v-91e9c5c4="">AXDX's earnings dropped in Q1 2023 due to a **Decline in Revenues from Consumable Products**.

The company experienced a decrease in net sales, which fell from $3.0 million in Q1 2023 to $2.8 million in Q4 2024. This decline was primarily driven by lower sales of consumable products compared to the same period in the prior year.</div> <div class="dialog_answer" data-v-91e9c5c4=""><div class="dialog_content" data-v-91e9c5c4=""> <div class="answer_robot" data-v-91e9c5c4=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/AIme.ae832fb.png" alt="robot" class="avatar" data-v-91e9c5c4=""> <div class="user_name" data-v-91e9c5c4=""></div></div> <div class="question_content" data-v-91e9c5c4=""></div></div></div></div></div> </div></div></div> </div> <div class="extra-module" data-v-4e97ba8a=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/recommend-logo.4f9ccc8.png" alt="right-logo" fetchpriority="high" class="recommend-logo-img" data-v-4e97ba8a=""> <div class="recommend-part" data-v-7790c618="" data-v-4e97ba8a=""><div class="recommend-query-card" data-v-8359219a="" data-v-7790c618=""><div class="title" data-v-8359219a=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/screener-recommend-icon.b007ca8.svg" alt="icon" data-v-8359219a=""> <span data-v-8359219a="">Aime finds your next big stock</span></div> </div> <div class="recommend-query-card" data-v-8359219a="" data-v-7790c618=""><div class="title" data-v-8359219a=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/stock-recommend-icon.77f1c78.svg" alt="icon" data-v-8359219a=""> <span data-v-8359219a="">Aime powers your decisions</span></div> </div></div> </div> <div class="container-mask" style="display:none;"></div></div></div></div><script>window.__NUXT__=(function(a,b,c,d,e,f,g,h,i,j,k,l,m,n,o,p,q,r,s,t,u,v,w,x,y,z,A,B,C,D,E,F,G,H,I,J,K,L,M,N,O,P,Q,R,S,T,U,V,W,X,Y,Z,_,$,aa,ab,ac,ad,ae,af,ag,ah,ai,aj,ak,al,am,an,ao,ap,aq,ar,as,at,au){return {layout:"default",data:[{noData:c,currentQuestion:e,textDescription:H,comeFrom:"AInvestShareLink",events:[],answerSource:s}],fetch:{},error:h,state:{sharePreviewModule:{loadJgySuccess:i,dialogRenderList:[{originAnswer:{input_media_info:[],session_round:1,agent_id:a,output_media_info:[],task_id:a,language:a,source:s,cache_builder:a,reply_action:"Answer",execute_mode:z,event_refresh_answer:a,param:"{\"entity_info\":{},\"add_info\":{\"ori_question\":\"What caused AXDX's earnings to drop in Q1 2023?\"},\"event_list\":[],\"client_ip\":\"\",\"question\":\"What caused AXDX's earnings to drop in Q1 2023?\",\"user_id\":\"dp36942013\",\"user_name\":\"\",\"trace_id\":\"6a138d65-cdae-4f42-b056-a47777b74e23\",\"session_id\":\"6a138d65-cdae-4f42-b056-a47777b74e23\",\"source\":\"ths_ainvest_lite_web\",\"input_type\":\"typewrite\"}",agent_info:[{info_type:I,raw_data:{number:J,title:K,summary:L,full_summary:a,url:M,image_url:a,video_url:a,publish_time:t,search_extra_info:{search_burial_info:{id:N,uid:A,ab:{scene_id:u,layer_exp:[{layer_id:v,exp_id:w}]}}},simhash:"1f606ba44f95205b",msg_id:A}},{info_type:I,raw_data:{number:O,title:P,summary:Q,full_summary:a,url:R,image_url:a,video_url:a,publish_time:t,search_extra_info:{search_burial_info:{id:S,uid:B,ab:{scene_id:u,layer_exp:[{layer_id:v,exp_id:w}]}}},simhash:"99a24ba76a8508cb",msg_id:B}}],answer_chain_name:T,agent_mode:U,native_answer:a,come_from:a,text_answer:H,trace_id:j,cost:12822,event_names:a,question:e,fallback_type:V,input_type:"typewrite",fall_back_reason:{fall_back_type:V,risk_detail:{matched_words:[]}},session_id:j,first_return_cost:3010,cache_type:a,question_id:j,transfer_question:e,signal_type:"ON_COMPLETE",start_time:W,remote_svc:s,slots:[],answer_type:z,user_id:C,skill_name:D},renderList:[{type:"base_info",answer_path:"logs\u002FbaseInfo",logs:[],base_info:{trace_id:j,session_id:j,user_id:C,question:e,source:s,raw_question:e,version:"3.4.1",action_name:D,nlu:{entity:[{type:X,value:"AXDX.O",market:Y}]},deep_research:c,deep_thinking:c,agent_mode:U},extra:{}},{answer_path:k,section:{id:l,info_texts:["Thinking"],show_type:m,choice:[],result_page:{},tag_info_list:[],is_last:b,status:"begin"},logs:[],extra:{is_deep_research:c,deep_thinking:c}},{answer_path:k,section:{id:l,info_texts:["Querying Stock: AXDX Latest Report Period"],show_type:m,choice:[],result_page:{},tag_info_list:[],is_last:b,status:Z},logs:[],extra:{action:"Querying Stock",action_input:"AXDX Latest Report Period",thought:"The user wants to analyze why AXDX's revenue decreased in Q1 2023. 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