Accuray (ARAY) Misses Q4 EPS by 3c, Updates FY16 Guidance
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Accuray Generates 14% Year-Over-Year Gross Order Growth During Fourth Quarter
August 20, 2015 4:01 PM EDTSUNNYVALE, Calif., Aug. 20, 2015 /PRNewswire/ --Â Accuray Incorporated (NASDAQ: ARAY) announced today financial results for the fiscal fourth quarter and fiscal year ended June 30, 2015.
Fiscal Fourth Quarter Highlights
Gross orders were $84.9 million, representing 14 percent year-over-year growth or 20 percent on a constant currency basis Total revenue was $101.8 million, relatively flat year-over-year but an increase of 5 percent on a constant currency basis Total gross profit margins expanded to 40 percent from 38 percent in the prior fiscal year fourth quarter Adjusted EBITDA was $6.7 million compared... More