Accuray Inc reports results for the quarter ended in June - Earnings Summary

Accuray

10/08/2022 22:03

* Accuray Inc  ARAY.OQ  reported a quarterly adjusted loss
of 4
cents​​ per share for the quarter ended in June. The mean
expectation of six analysts for the quarter was for a loss of 6
cents per share.
    * Revenue fell 0.8% to $110.02 million from a year ago;
analysts
expected $105.32 million. 
    * Accuray Inc's reported EPS for the quarter was a loss of 4
cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.4%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Accuray Inc shares had risen by 5.6% this quarter and
lost 56.6%
so far this year.
    * The company reported a quarterly loss of $3.45 million.
    * Wall Street's median 12-month price target for Accuray Inc
is
$7.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 10
at 09:03 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.06          -0.04          Beat
 Mar. 31 2022      -0.04          -0.01          Beat
 Dec. 31 2021      0.00           0.00           Met
 Sep. 30 2021      -0.04          -0.01          Beat