Accuray Reports Fiscal 2020 Third Quarter Financial Results
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Accuray (ARAY) Tops Q3 EPS by 7c; Withdraws Outlook
April 28, 2020 4:14 PM EDTAccuray (NASDAQ: ARAY) reported Q3 EPS of $0.03, $0.07 better than the analyst estimate of ($0.04). Revenue for the quarter came in at $99.5 million versus the consensus estimate of $97.26 million.
"Despite the economic upheaval around the world, Accuray, from an operational standpoint, had a solid third fiscal quarter," commented Joshua H. Levine, president and chief executive officer of Accuray. "Gross orders increased 27% year-over-year to $106 million compared to $84 million in the comparable quarter last year. Order momentum was evident in all but one of our regions. The Americas delivered... More
