secwatch.observer — SEC 8-K summary
======================================

Issuer:     ACCURAY INC (ARAY)
CIK:        0001138723
Form:       8-K
Filed at:   2023-04-26T23:59:59+00:00
Accession:  0000950170-23-014789
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1138723/000095017023014789/0000950170-23-014789-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1138723/000095017023014789/aray-20230426.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-014789

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer