OAKWOOD VILLAGE, Ohio (AP) _ ViewRay Inc. (VRAY) on Thursday reported a loss of $26.2 million in its second quarter.
The Oakwood Village, Ohio-based company said it had a loss of 18 cents per share.
The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 16 cents per share.
The radiation therapy systems maker posted revenue of $14.2 million in the period, topping Street forecasts. Four analysts surveyed by Zacks expected $5.8 million.
In the final minutes of trading on Thursday, the company's shares hit $2.44. A year ago, they were trading at $9.20.