---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-009384"
form_type: "8-K"
ticker: "ARAY"
cik: "0001138723"
company_name: "ACCURAY INC"
filed_at: "2024-01-31T23:59:59+00:00"
generated_at: "2026-06-06T12:56:47.042637+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-24-009384
- form_type: 8-K
- ticker: ARAY
- cik: 0001138723
- company_name: ACCURAY INC
- filed_at: 2024-01-31T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1138723/000095017024009384/0000950170-24-009384-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1138723/000095017024009384/aray-20240131.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-009384
- JSON: https://secwatch.observer/filing/0000950170-24-009384.json
- Plain text: https://secwatch.observer/filing/0000950170-24-009384.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1138723/000095017024009384/0000950170-24-009384-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.