secwatch.observer — SEC 8-K summary
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Issuer:     ACCURAY INC (ARAY)
CIK:        0001138723
Form:       8-K
Filed at:   2022-04-27T23:59:59+00:00
Accession:  0001193125-22-123616
Event type: leadership
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Accuray Q3 revenue down 6% YoY; CEO Levine to retire, Winter named successor
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- Net revenue $96.2M (down 6% YoY); GAAP net loss $1.0M ($0.01/share); adjusted EBITDA $5.4M.
- Gross orders $88.6M (up 1% YoY); backlog $580.4M (down 5% from prior year third quarter).
- CEO Joshua Levine retires effective June 30, 2022; enters consulting role for 12 months.
- President Suzanne Winter promoted to CEO effective July 1, 2022; appointed to Board.
- Ali Pervaiz appointed SVP & CFO effective May 9, 2022; Brandy Green retained as interim CFO.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1138723/000119312522123616/0001193125-22-123616-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1138723/000119312522123616/d329232d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-123616

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