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Accuray: Fiscal 4Q Earnings Snapshot

Accuray: Fiscal 4Q Earnings Snapshot

Associated Press

SUNNYVALE, Calif. (AP) _ Accuray Inc. (ARAY) on Thursday reported a loss of $946,000 in its fiscal fourth quarter.

On a per-share basis, the Sunnyvale, California-based company said it had a loss of 1 cent.

The radiation oncology company posted revenue of $113.8 million in the period.

For the year, the company reported that its loss narrowed to $23.9 million, or 28 cents per share. Revenue was reported as $404.9 million.

Accuray expects full-year revenue in the range of $415 million to $425 million.

In the final minutes of trading on Thursday, the company's shares hit $3.53. A year ago, they were trading at $4.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ARAY at https://www.zacks.com/ap/ARAY