Accuray Q2 revenue falls 7% to $107.2M, net loss widens; orders up 19%

ACCURAY INC

2024-Q2 EPS reported -$0.13 revenue$211,130,000

GAAP net loss $9.6M ($0.10/sh) vs $1.9M loss a year ago; adjusted EBITDA $2.0M down from $8.5M.
Gross orders $93.9M (+19% YoY), book-to-bill 1.8; backlog $492.1M.
Service revenue $55.7M (+8% YoY); product revenue $51.5M (-19% YoY).
Cash and equivalents $73.2M, down $16.7M from June 30, 2023.
FY24 revenue and adjusted EBITDA guidance reaffirmed.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

ACCURAY INC reported second quarter ended December 31, 2023 results: revenue $107.2 million, net income net loss of $9.6 million, EPS $0.10 per share. Guidance reaffirmed.

Period: second quarter ended December 31, 2023
Revenue: $107.2 million
Net income: net loss of $9.6 million
EPS: $0.10 per share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Incorporated (NASDAQ: ARAY) today reported financial results for the second quarter and six-months ended December 31, 2023. Second Quarter Fiscal 2024 Summary • Net revenue of $107.2 million increased 3 percent sequentially and decreased 7 percent from the same period in the prior fiscal year. Net revenue on a constant currency basis was $106.0 million, which

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Source: SEC EDGAR

accession 0000950170-24-009384

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