Accuray (ARAY) Q3 Earnings Lag Estimates, Gross Margin Contracts

Published on 2 May 2024 on Zacks via Yahoo Finance

Accuray (ARAY) Q3 Earnings Lag Estimates, Gross Margin Contracts

Accuray Incorporated ARAY reported a loss per share of 6 cents for the third quarter of fiscal 2024 against the year-ago period’s earnings per share (EPS) of a penny. The metric was also wider than the Zacks Consensus Estimate of a loss of a penny per share.

Revenues in Detail

Accuray registered revenues of $101.1 million in the third quarter of fiscal 2024, down 14.3% year over year. The figure lagged the Zacks Consensus Estimate by 11.8%.

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Accuray (ARAY) Q3 Earnings Lag Estimates, Gross Margin Contracts

NASDAQ.ARAY price evolution

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