Accolade, Inc. (NASDAQ:ACCD) Q3 2023 Earnings Call Transcript

Steve Barnes: Got you, Robert. This is Steve. Thanks for the question. Let me hit that. I think this is the last one. So I’ll hand it to Rajeev for any closing comments. First of all, when we walk into fiscal ’24, a couple of things and picking up on before we’ve got a diversified platform of 60%-ish of the revenue coming from the advocacy business and the balance the virtual primary care, mental health and expert medical opinion and trusted partner ecosystem revenues. When we put those all together, we walked into the year with a set of contracted revenue. It goes back to the earliest comments Raj made in the call, which is a strong bookings year on top of that set of existing customer base. It gives us a good forward look.

And then what we layer on top of that are the consumer revenues, primarily from the PlushCare platform. When you think about opportunities on the upside, certainly, the opportunity on consumer revenues, in year bookings for next year being even stronger. And then certainly, the macro environment, it’s on everybody’s mind what are our assumptions. We make fairly modest assumptions around the macro environment as it relates to our customer book. So when you add all that together, we are really pleased to enter today’s call given preliminary guidance of that 20%-plus growth rate ex the impact of a lost customer earlier in the year. And as you can hear from us today, we’re really enthusiastic about the strength and breadth of the business and the demand environment for our offerings.

Rajeev Singh: With that, we’ve come to the end of our prepared remarks as well as the Q&A session. We are thrilled to have an opportunity to share our results with you, and we appreciate all of you being here. Thanks, everyone. Have a great day.

Operator: This concludes today’s conference call. Thank you for participating. You may now disconnect. Everyone have a great day.