Accuray (ARAY) Q3 Earnings Lag Estimates, Gross Margin Contracts [Yahoo! Finance]
Accuray Incorporated (ARAY)
Last accuray incorporated earnings: 4/28 04:05 pm
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US:NASDAQ Investor Relations:
investors.accuray.com/investor-overview
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Source: Yahoo! Finance
The metric was also wider than the Zacks Consensus Estimate of a loss of a penny per share. Revenues in Detail Accuray registered revenues of $101.1 million in the third quarter of fiscal 2024, down 14.3% year over year. The figure lagged the Zacks Consensus Estimate by 11.8%. The overall top-line growth was dampened by lower revenues from both Products and Services. At constant exchange rate (CER), net revenues were $ 102.4 million, representing a 13% decrease from the prior-year period. Segmental Details Accuray derives revenues from two sources — Products and Services. In the fiscal third quarter, Product revenues declined 21.1% from the year-ago quarter to $49.6 million. This primarily resulted due to shipments of eight fewer units year over year. Services revenues fell 6.7% from the year-ago quarter to $51.5 million. At CER, Services revenues were down 6%. This resulted from $3 million of lower revenue related to installation, training primarily tied to lower new
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News
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ARAY
Earnings
- 5/1/24 - Miss
ARAY
Sec Filings
- 5/10/24 - Form 8-K
- 5/8/24 - Form 10-Q
- 5/1/24 - Form 8-K
- ARAY's page on the SEC website