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Accuray Inc (ARAY.O)

ARAY.O on Nasdaq

4.50USD
14 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Accuray Inc reports Q1 loss per share $0.11
Tuesday, 24 Oct 2017 04:01pm EDT 

Oct 25 (Reuters) - Accuray Inc :Accuray generated $55.6 million in first quarter gross orders; revenue increased 5 percent year over year.Q1 loss per share $0.11.Q1 revenue $91 million versus I/B/E/S view $88.3 million.Q1 earnings per share view $-0.09 -- Thomson Reuters I/B/E/S.Accuray Inc qtrly ‍gross orders increased 11 percent to $55.6 million, net orders were $51.0 million​.Accuray Inc - ‍company is reaffirming revenue, adjusted EBITDA, and gross orders guidance provided on August 22, 2017​.  Full Article

Accuray reports Q4 loss per share of $0.06
Tuesday, 22 Aug 2017 04:01pm EDT 

Aug 22 (Reuters) - Accuray Inc :Accuray reports fourth quarter and fiscal 2017 financial results.Q4 loss per share $0.06.Q4 revenue $383.4 million.Q4 revenue view $114 million -- Thomson Reuters I/B/E/S.Q4 earnings per share view $-0.00 -- Thomson Reuters I/B/E/S.Sees fiscal 2018 revenue $390 million to $400 million.Year ending backlog increased 12 percent year-over-year to $452.8 million.Qtrly gross orders increased 5 percent year-over-year to $298.3 million.Accuray Inc sees ‍fiscal year 2018 adjusted EBITDA of $25.0 million to $30.0 million​.Accuray Inc sees ‍backlog and gross orders growth of approximately 5 percent for fiscal 2018​.FY revenue view $383.3 million -- Thomson Reuters I/B/E/S.Accuray Inc - ‍orders in Q1 are expected to be lowest level for fiscal year while orders in Q4 are expected to be highest level for fiscal year.​.Accuray - ‍"orders in Q1 are expected to be lowest level for fiscal year while orders in Q4 are expected to be highest level for fiscal year 2018​".  Full Article

Accuray enhances capital structure through convertible debt transactions
Friday, 28 Jul 2017 07:00am EDT 

July 28 (Reuters) - Accuray Inc :Accuray Inc - company has also entered into agreements to privately sell $32 million aggregate principal amount of new notes for cash to certain other investors.Accuray Inc - intends to use proceeds from cash issuance to repurchase approximately $28 million of additional existing notes from holders.Accuray Inc - entered into agreements to exchange aggregate of about $47 million principal amount of company's 3.50 percent convertible senior notes due 2018.Accuray inc - expects to continue to explore opportunities to better position itself to repay or refinance remaining $40 million of its existing notes.  Full Article

Accuray sees Q4 revenue about $111.5 million to $112 million
Monday, 17 Jul 2017 04:05pm EDT 

July 17 (Reuters) - Accuray Inc :Accuray announces preliminary fourth quarter and fiscal year 2017 results.Sees Q4 revenue about $111.5 million to $112 million.Sees FY revenue about $382.8 million to $383.3 million.Accuray Inc says ending backlog as of June 30 is expected to be approximately $453 million.Accuray expects to finish fiscal year with approximately $108 million in cash, cash equivalents & investments.Accuray Inc says gross product orders for Q4 are expected to be approximately $86 million.Preliminary revenue and product order results for Q4 and fiscal year 2017 expected to be in line with guidance provided in april.Q4 revenue view $111.1 million -- Thomson Reuters I/B/E/S.FY2017 revenue view $382.5 million -- Thomson Reuters I/B/E/S.  Full Article

Neuro Spinal Hospital in Dubai to buy Accuray Cyberknife and Radixact Systems
Tuesday, 11 Jul 2017 07:30am EDT 

July 11 (Reuters) - Accuray Inc :Accuray Inc - ‍deal was entered into backlog during Accuray's fourth fiscal quarter which ended June 30, 2017​.Accuray - ‍agreement with Neuro Spinal Hospital in Dubai for acquisition of one Cyberknife M6 System and one Radixact System​.  Full Article

Accuray Inc signs new revolving loan agreement
Thursday, 15 Jun 2017 07:30am EDT 

June 15 (Reuters) - Accuray Inc ::Accuray enters into new revolving loan agreement.Closed a new $52 million senior secured revolving loan facility with Midcap Financial Trust.  Full Article

Accuray reports prelim data from phase I trial of breast cancer cure treated with Cyberknife System
Tuesday, 2 May 2017 07:30am EDT 

May 2 (Reuters) - Accuray Inc :Prelim data from phase I trial evaluating adjuvant stereotactic partial breast irradiation in early stage breast cancer patients treated with Cyberknife System.S-PBI provides more convenient treatment option than hypofractionated whole-breast irradiation with no compromise in tolerability or short-term efficacy.  Full Article

Accuray Q3 loss per share $0.06
Thursday, 27 Apr 2017 04:01pm EDT 

April 27 (Reuters) - Accuray Inc :Q3 loss per share $0.06.Q3 revenue $97.3 million.Accuray Inc - gross product orders totaled $83.8 million for 2017 fiscal Q3 compared to $56.4 million for prior fiscal year period.Accuray Inc qtrly ending product backlog was $450.0 million, approximately 21 percent higher than backlog at end of prior fiscal year Q3.Accuray Inc - 2017 outlook for gross orders growth of approximately five percent is reaffirmed.Accuray Inc - revenue for fiscal year is now expected to range between $380.0 million and $390.0 million.Accuray Inc - 2017 adjusted EBITDA is now expected to range between $22.0 million and $26.0 million.FY 2017 revenue view $407.2 million -- Thomson Reuters I/B/E/S.  Full Article

Accuray on March 10, co entered into an amendment to financing agreement dated as of Jan. 11, 2016
Friday, 10 Mar 2017 05:50pm EST 

Accuray Inc : On March 10, co entered into an amendment to financing agreement dated as of January 11, 2016 - sec filing . Accuray Inc - second amendment requires company to obtain a letter of credit in face amount of $12.5 million for benefit of administrative agent . Accuray Inc - second amendment makes certain related amendments to debt and lien covenants and financial ratio definitions .Accuray - second amendment increased interest rate margins under financing agreement by 0.50% until certain specified conditions are met.  Full Article

Accuray posts Q2 loss per share $0.11
Tuesday, 31 Jan 2017 04:01pm EST 

Accuray Inc : Q2 ending product backlog was $426.2 million, approximately 16 percent higher . Q2 loss per share $0.11 . Q2 earnings per share view $-0.09 -- Thomson Reuters I/B/E/S . Qtrly total revenue was $87.5 million compared to $108.9 million in prior fiscal year Q2 . Reaffirming guidance originally provided on August 17, 2016 for fiscal year 2017 for all metrics except operating expenses . FY2017 earnings per share view $-0.19, revenue view $409.4 million -- Thomson Reuters I/B/E/S .Q2 revenue view $90.4 million -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Accuray Inc reports Q1 loss per share $0.11

* Accuray generated $55.6 million in first quarter gross orders; revenue increased 5 percent year over year