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Accuray: Fiscal 1Q Earnings Snapshot

·1 min read

SUNNYVALE, Calif. (AP) _ Accuray Inc. (ARAY) on Thursday reported fiscal first-quarter net income of $402,000, after reporting a loss in the same period a year earlier.

The Sunnyvale, California-based company said it had net income of less than 1 cent on a per-share basis.

The radiation oncology company posted revenue of $85.3 million in the period.

In the final minutes of trading on Thursday, the company's shares hit $2.79. A year ago, they were trading at $2.89.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ARAY at https://www.zacks.com/ap/ARAY