secwatch.observer — SEC 8-K summary
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Issuer:     ACCURAY INC (ARAY)
CIK:        0001138723
Form:       8-K
Filed at:   2026-05-06T23:59:59+00:00
Accession:  0001437749-26-015198
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Accuray Q3 revenue down 7% to $104.8M; net loss $11.8M; withdraws FY2026 guidance
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1138723/000143774926015198/0001437749-26-015198-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1138723/000143774926015198/aray20260220_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-015198

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