ViewRay, Inc. (VRAY) Misses Q1 EPS by 5c

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ViewRay Reports First Quarter 2016 Financial Results

May 13, 2016 8:00 AM EDT

CLEVELAND, May 13, 2016 /PRNewswire/ -- ViewRay, Inc. (Nasdaq: VRAY) today announced financial results for the first quarter ended March 31, 2016.

"Momentum in our business continues to grow with the announcement that we plan to file for regulatory approval of our exciting new MRIdian linac technology in the second half of the year," said Chris A. Raanes, President and Chief Executive Officer of ViewRay. "We signed two new orders increasing our backlog to $89.6 million representing 16 signed sales contracts, installed a MRIdian system at VUmc in Amsterdam and expanded our pipeline of potential new customers... More