earnings
confidence high
sentiment negative
materiality 0.85
Accuray Q3 revenue down 7% to $104.8M; net loss $11.8M; withdraws FY2026 guidance
ACCURAY INC
- Net loss of $11.8M ($0.09 per share) vs $1.3M loss YoY; Adjusted EBITDA $3.8M vs $6.0M.
- Product revenue fell 13% to $49.7M; service revenue down 1% to $55.1M.
- Gross margin 24.1% vs 27.9% YoY; operating expenses include $6.5M restructuring charges.
- Order backlog $356.2M, down 21% YoY; gross product orders $48.5M vs $71.2M.
- Withdrew FY2026 guidance due to Middle East geopolitical uncertainty impacting shipments; transformation plan delivered $10M in cost savings ahead of $12M target.
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