Accuray (ARAY) Q4 Earnings Lag Estimates, Gross Margin Shrinks
Accuray(ARAY) ZACKS·2024-08-15 22:16
Accuray Incorporated (ARAY) reported fourth-quarter fiscal 2024 earnings per share (EPS) of 3 cents against the year-ago period’s reported loss of 3 cents per share. The bottom line missed the Zacks Consensus Estimate of 4 cents.Revenues in DetailAccuray registered quarterly revenues of $134.3 million, up 13.5% year over year. The figure beat the Zacks Consensus Estimate by 9.4%.The overall top-line growth was driven by higher product sales, partially offset by lower service revenues.At constant exchange ra ...