Accuray (ARAY) Q2 Earnings Lag Estimates, Gross Margin Contracts
ARAYAccuray(ARAY) Zacks Investment Research·2024-02-02 00:36

Accuray Incorporated (ARAY) reported loss per share of 10 cents for the second quarter of fiscal 2024, wider than the year-ago period’s loss of 2 cents per share. The metric was also wider than the Zacks Consensus Estimate of a loss of 7 cents per share.Revenues in DetailAccuray registered revenues of $107.2 million in the second quarter of fiscal 2024, down 6.6% year over year. The figure, however, topped the Zacks Consensus Estimate by 0.1%.The overall top-line growth was dampened by lower Products revenu ...