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Stock impact report

Accuray (ARAY) Up 1.6% Since Last Earnings Report: Can It Continue? [Yahoo! Finance]

Accuray Incorporated (ARAY) 
Last accuray incorporated earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.accuray.com/investor-overview
Company Research Source: Yahoo! Finance
Will the recent positive trend continue leading up to its next earnings release, or is Accuray due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Accuray Q2 Earnings Lag Estimates, Gross Margin Contracts Accuray reported loss per share of 10 cents for the second quarter of fiscal 2024, wider than the year-ago period's loss of 2 cents per share. The metric was also wider than the Zacks Consensus Estimate of a loss of 7 cents per share. Revenues in Detail Accuray registered revenues of $107.2 million in the second quarter of fiscal 2024, down 6.6% year over year. The figure, however, topped the Zacks Consensus Estimate by 0.1%. The overall top-line growth was dampened by lower Products revenues, which was partially offset by an uptick in Service revenues. At constant exchange rate (CER), net revenues were $106 millio Show less Read more
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