Click to copy
Click to copy

Accuray: Fiscal 4Q Earnings Snapshot

August 15, 2019

SUNNYVALE, Calif. (AP) _ Accuray Inc. (ARAY) on Thursday reported a loss of $1.4 million in its fiscal fourth quarter.

The Sunnyvale, California-based company said it had a loss of 2 cents per share.

The radiation oncology company posted revenue of $117.4 million in the period.

For the year, the company reported that its loss narrowed to $16.4 million, or 19 cents per share. Revenue was reported as $418.8 million.

Accuray expects full-year revenue in the range of $410 million to $420 million.

In the final minutes of trading on Thursday, the company’s shares hit $3.06. A year ago, they were trading at $3.48.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ARAY at https://www.zacks.com/ap/ARAY

All contents © copyright 2019 The Associated Press. All rights reserved.