Accuray Q3 revenue $118.1M (+22.8% YoY), net income $0.6M, record 30 systems shipped

ACCURAY INC

2023-Q3 EPS reported -$0.07 revenue$329,313,000

Record quarterly revenue $118.1M, up 22.8% YoY; constant currency revenue $122.1M (+27%).
GAAP net income $0.6M ($0.01 EPS) vs net loss $1.0M; adjusted EBITDA $8.3M, up 53.5% from $5.4M.
Shipped record 30 systems (+67% YoY); product revenue $62.8M (+45% YoY); 1,000+ installed base milestone.
Gross orders $73.8M (book-to-bill 1.2); backlog $506.6M (-12.7% YoY); $5.2M cancellations, $26.4M aged out.
Reiterated fiscal 2023 guidance; cash $89.2M, up $21.3M from Dec 2022.

item 2.02 item 7.01 item 9.01

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Earnings Releases SEC 8-K Item 2.02 confidence 1.0

ACCURAY INC reported the third quarter of fiscal 2023 ended March 31, 2023 results: revenue $118.1 million, net income $0.6 million, or $0.01 per share, EPS $0.01 per share. Guidance reaffirmed.

Period: the third quarter of fiscal 2023 ended March 31, 2023
Revenue: $118.1 million
Net income: $0.6 million, or $0.01 per share
EPS: $0.01 per share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Incorporated (NASDAQ: ARAY) today reported financial results for the third quarter of fiscal 2023 ended March 31, 2023. Third Quarter Fiscal 2023 Summary • Net revenue of $118.1 million increased 22.8 percent from the same period in the prior fiscal year. Net revenue on a constant currency basis was $122.1 million, which represents a 27.0 percent increase versus

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Source: SEC EDGAR

accession 0000950170-23-014789

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