leadership
confidence high
sentiment negative
materiality 0.75
Accuray appoints Steve La Neve as CEO; prelim Q1 rev $92.5-94M, adj EBITDA ~($4M)
ACCURAY INC
- Steve La Neve appointed President & CEO effective Oct 20, 2025; succeeds Suzanne Winter who retired.
- Steven F. Mayer named Transformation Board Sponsor under one-year consulting agreement with $600K base fee plus equity.
- Preliminary Q1 FY2026 revenue $92.5-94M (product rev below expectations in EIMEA and China).
- Preliminary Q1 adjusted EBITDA approximately ($4M) due to geographic mix and joint-venture accounting.
- Transformation plan targets high single-digit adjusted EBITDA margin run-rate within 12 months.
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