Accuray (ARAY) Tops Q3 EPS by 3c, Lowers FY Revenue Guidance

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Go back to Accuray (ARAY) Tops Q3 EPS by 3c, Lowers FY Revenue Guidance

Accuray Reports Financial Results for Third Quarter of Fiscal Year 2015

April 30, 2015 4:01 PM EDT

SUNNYVALE, Calif., April 30, 2015 /PRNewswire/ -- Accuray Incorporated (Nasdaq: ARAY) announced today financial results for the third fiscal quarter and nine months ended March 31, 2015.

Third Quarter Highlights

Gross orders grew 15 percent year-over-year or 21 percent on a constant currency basis Total revenue remained approximately flat at $97.5 million year-over-year but increased 5 percent on a constant currency basis Continued expansion of service gross profit margins to 38.4 percent Achieved positive operating income Adjusted EBITDA reached $9.9 million

"Year-over-year gross order growth... More