Accuray reports Q4 revenue $110.9M (+17% YoY), net loss $11.1M; CFO Hamamatsu resigns, Green appointed interim

ACCURAY INC

2021-FY EPS reported -$0.07 revenue$396,289,000

Q4 gross orders $112.7M (+19% YoY); revenue $110.9M (+17% YoY); net loss $11.1M incl $9.9M debt-refinancing charge.
FY2021 revenue $396.3M (+3.5% YoY); gross orders $325.9M; record backlog $616.4M; Adjusted EBITDA $38.0M.
FY2022 guidance: revenue $410-420M (midpoint +5% YoY); Adjusted EBITDA $32-35M.
CFO Shig Hamamatsu resigns effective Sept 3, 2021; Brandy Green appointed interim CFO effective Sept 4, 2021.

item 2.02 item 5.02 item 7.01 item 9.01

Executive movements

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Appointed (interim)

Brandy Green

Interim Chief Financial Officer

ARAY · ACCURAY INC

Effective: 2021-09-04
Filed: August 11, 2021, 7:59 PM ET

On August 10, 2021, the Company’s Board of Directors appointed Brandy Green, 58, as the Company’s Interim Chief Financial Officer, effective September 4, 2021.

Departed

Shig Hamamatsu

Senior Vice President, Chief Financial Officer

ARAY · ACCURAY INC

Effective: 2021-09-03
Successor: Brandy Green
Filed: August 11, 2021, 7:59 PM ET

On August 5, 2021, Shig Hamamatsu provided the Company with notice of his intent to resign from his position as Senior Vice President, Chief Financial Officer of the Company, which resignation will be effective on September 3, 2021.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Brandy Green was appointed as Interim Chief Financial Officer at ACCURAY INC.

Action: appointed
Role: Interim Chief Financial Officer

Exact text from the filing

On August 10, 2021, the Company’s Board of Directors appointed Brandy Green, 58, as the Company’s Interim Chief Financial Officer, effective September 4, 2021.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Shig Hamamatsu resigned as Senior Vice President, Chief Financial Officer at ACCURAY INC.

Action: resigned
Role: Senior Vice President, Chief Financial Officer

Exact text from the filing

On August 5, 2021, Shig Hamamatsu provided the Company with notice of his intent to resign from his position as Senior Vice President, Chief Financial Officer of the Company, which resignation will be effective on September 3, 2021.

View on SEC.gov

ACCURAY INC filing history →

Source: SEC EDGAR

accession 0001564590-21-043426

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