Accuray (ARAY) Tops Q3 EPS by 7c, Trims FY Rev. Guidance at High End
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Accuray Generates $105.3 Million in Third Quarter Revenues
April 26, 2016 4:01 PM EDTSUNNYVALE, Calif., April 26, 2016 /PRNewswire/ --Â Accuray Incorporated (NASDAQ: ARAY) announced today financial results for the third fiscal quarter and nine months ended March 31, 2016.
Fiscal Third Quarter Highlights
Gross orders were $56.4 million; 9% year-over-year growth; Net orders were $57.6 million; 60% year-over-year growth Ending product backlog was $370.5 million; 7% year-over-year growth Total revenue was $105.3 million, an increase of 8% year-over-year Adjusted EBITDA expanded sequentially to $13.9 million from $6.8 million Net operating income of $5.4 million; Net... More