secwatch.observer — SEC 8-K summary
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Issuer:     ACCURAY INC (ARAY)
CIK:        0001138723
Form:       8-K
Filed at:   2023-08-09T23:59:59+00:00
Accession:  0000950170-23-040538
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Accuray Q4 revenue $118.3M (+7.5%); FY GAAP net loss $9.3M vs $5.3M prior year
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- Q4 net revenue $118.3M (+7.5% YoY); GAAP net loss $2.6M ($0.03/share) vs loss $3.5M prior year.
- FY2023 net revenue $447.6M (+4.1%); GAAP net loss $9.3M ($0.10/share) vs loss $5.3M prior year.
- Adjusted EBITDA Q4 $5.2M (includes $2M bad debt reserve from customer bankruptcy); FY23 $23.9M vs $22.8M prior year.
- Gross orders Q4 $88.4M (1.4 book-to-bill); FY23 $311.1M (1.3 book-to-bill); backlog $510.6M.
- Issued FY2024 guidance; highlights: 5% installed base growth, positive free cash flow, 510(k) clearance for VitalHold breast package.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1138723/000095017023040538/0000950170-23-040538-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1138723/000095017023040538/aray-20230809.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-040538

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