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

Viewray

10/05/2023 22:02

* ViewRay Inc  VRAY.OQ  reported a quarterly adjusted loss
of 16
cents​​ per share for the quarter ended in March. The mean
expectation of seven analysts for the quarter was for a loss
of 16 cents per share.
    * Revenue rose 19.4% to $22.53 million from a year ago;
analysts
expected $22.60 million. 
    * ViewRay Inc's reported EPS for the quarter was a loss
of 16
cents​.
    * The mean earnings estimate of analysts had fallen by
about 9.1%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates 
    * ViewRay Inc shares had fallen by 72.7% this quarter and
lost 78.9% so far this year.
    * The company reported a quarterly loss of $28.86 million.
    * Wall Street's median 12-month price target for ViewRay Inc
is
$2.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
10 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.16          -0.16          Met
 Dec. 31 2022      -0.16          -0.15          Beat
 Sep. 30 2022      -0.14          -0.14          Met
 Jun. 30 2022      -0.15          -0.15          Met