Recap: Accuray Q2 Earnings

Accuray ARAY reported its Q2 earnings results on Wednesday, January 31, 2024 at 04:06 PM.

Here's what investors need to know about the announcement.

Earnings

Accuray missed estimated earnings by 100.0%, reporting an EPS of $-0.1 versus an estimate of $-0.05.

Revenue was down $7.52 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 2.56% drop in the share price the next day.

Here's a look at Accuray's past performance:

Quarter Q1 2024 Q4 2023 Q3 2023 Q2 2023
EPS Estimate -0.05 0.01 -0.01 -0.03
EPS Actual -0.03 -0.03 0.01 -0.02
Revenue Estimate 97.62M 121.74M 109.78M 107.03M
Revenue Actual 103.89M 118.29M 118.06M 114.76M

To track all earnings releases for Accuray visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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