Accuray (ARAY) Tops Q1 EPS by 2c
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Accuray Generates 10% Year-Over-Year Gross Order Growth in First Quarter
October 29, 2015 4:01 PM EDTSUNNYVALE, Calif., Oct. 29, 2015 /PRNewswire/ --Â Accuray Incorporated (NASDAQ: ARAY) announced today financial results for the fiscal first quarter ended September 30, 2015.
Fiscal First Quarter Highlights
Gross orders were $64.9 million, representing 10 percent year-over-year growth or 18 percent on a constant currency basis Total revenue was $89.6 million, an increase of 9 percent year-over-year or 12 percent on a constant currency basis Gross profit margin expanded to 38 percent from 34 percent in the prior year period, driven by both improved product and service margins Adjusted EBITDA was a positive $2.3 million compared to... More