|Bid||2.6300 x 1300|
|Ask||2.9400 x 1000|
|Day's Range||2.5800 - 2.6800|
|52 Week Range||1.7000 - 5.9300|
|Beta (5Y Monthly)||1.86|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 25, 2022 - Apr 29, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||7.83|
Despite solid Product revenues, Accuray (ARAY) reports an overall soft Q4 performance.
Accuray Inc (NASDAQ: ARAY) reported Q4 FY22 sales of $110.0 million, flat Y/Y, beating the consensus of $105.32 million. Product revenue totaled $58.0 million compared to $56.1 million, while service revenue totaled $52.0 million compared to $54.8 million. Gross orders totaled $88.3 million compared to $112.7 million a year ago. The ending order backlog was $563.7 million, approximately 8.6% lower than at the end of the prior fiscal year, as the company experienced age-outs driven by delayed ins
Welcome to Accuray's conference call to review financial results for the fourth quarter of fiscal year 2022, which ended June 30, 2022. Joining us on today's call are Suzanne Winter, Accuray's president and chief executive officer; and Ali Pervaiz, Accuray's chief financial officer.