Accuray Reports Fiscal Q2 Net Income, Exceeds Expectations
MADISON, Wis. (AP) — Accuray Inc. (ARAY) announced today fiscal second-quarter net income of $2.5 million, a significant improvement over the same quarter last year.
On a per-share basis, the Madison, Wisconsin-based company reported earnings of 2 cents. Revenue for the period reached $116.2 million.
Accuray projected full-year revenue between $463 million and $475 million.
At the close of trading on Wednesday, ARAY shares were valued at $2.49, a 5.9% increase from their $2.38 value a year ago.