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

Accuray

26/04/2023 22:01

* Accuray Inc  ARAY.OQ  reported quarterly adjusted earnings
of 1
cent​​ per share for the quarter ended in March. The mean
expectation of six analysts for the quarter was for a loss of
one cent per share.
    * Revenue rose 22.8% to $118.06 million from a year ago;
analysts
expected $109.78 million. 
    * Accuray Inc's reported EPS for the quarter was 1 cent​.
    * The mean earnings estimate of analysts had fallen by
about 183.4% in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Accuray Inc shares had fallen by 6.7% this quarter and
gained 32.5% so far this year.
    * The company reported quarterly net income of $599
thousand.
    * 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 LSEG Refinitiv data
April 26 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.01          0.01           Beat
 Dec. 31 2022      -0.03          -0.02          Beat
 Sep. 30 2022      -0.02          -0.06          Missed
 Jun. 30 2022      -0.06          -0.04          Beat