ViewRay (VRAY) Misses Q4 EPS by 1c, Revenues Beat

Go back to ViewRay (VRAY) Misses Q4 EPS by 1c, Revenues Beat

ViewRay Reports Fourth Quarter and Full Year 2020 Results

March 4, 2021 4:01 PM EST

CLEVELAND, March 4, 2021 /PRNewswire/ -- ViewRay, Inc. (Nasdaq: VRAY) (the "Company") today announced financial results for the fourth quarter and year ended December 31, 2020.

Full Year 2020 Highlights

Total revenue of $57.0 million primarily from nine revenue units, including two system upgrades, compared to 2019 revenue of approximately $87.8 million, primarily from 15 revenue units, including two system upgrades. Received 17 new orders for MRIdian systems, including two upgrades, totaling $94.6 million, compared to 22 new orders, including three upgrades, totaling $118.5 million in 2019. Total backlog increased to $241.3 million as of December 31, 2020, compared to $227.3... More