Accuray (ARAY) Reports Q3 Loss of $0.06

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Go back to Accuray (ARAY) Reports Q3 Loss of $0.06

Accuray Third Quarter Gross Orders Increase 49% YoY; Backlog Up 21%

April 27, 2017 4:01 PM EDT

SUNNYVALE, Calif., April 27, 2017 /PRNewswire/ -- Accuray Incorporated (NASDAQ: ARAY) today reported financial results for the third fiscal quarter and nine months ended March 31, 2017.

Fiscal Third Quarter Highlights

Ending backlog increased 21 percent year-over-year to $450.0 million; gross orders increased 49 percent to $83.8 million; net orders were $71.8 million Gross orders featured a strong contribution from CyberKnife® Systems of which approximately two-thirds were equipped with the InCiseTM Multileaf Collimator ("MLC") Japanese regulatory approval received to market the recently... More