Accuray: Fiscal Second Quarter Earnings Overview

Accuray Inc. Reports Second-Quarter Financial Results

Accuray Inc., headquartered in Madison, Wisconsin, announced a net loss of $13.8 million for its fiscal second quarter, a reversal from the profit recorded during the same timeframe last year.

The company disclosed that this equates to a loss of 11 cents per share for the quarter.

During this period, Accuray, which specializes in radiation oncology solutions, generated $102.2 million in revenue.

By the close of trading on Wednesday, Accuray's stock was valued at 76 cents per share, a significant decrease from $2.33 per share a year prior.