Accuray Reports GAAP EPS of -$0.02, Beats Estimates but Revenue Misses
In its Q4 financial results, Accuray (NASDAQ: ARAY) reported a GAAP earnings per share (EPS) loss of $0.02, which beat analyst expectations by $0.08. However, the company's revenue came in at $100.92 million, missing estimates by $4.38 million and declining 20.9% year-over-year. Despite this, Accuray ended the quarter with total cash, cash equivalents, and short-term restricted cash of $41.2 million as of June 30, 2026 — an increase from March's balance. The mixed results highlight a strong performance in earnings relative to forecasts but weaker-than-expected revenue growth amid ongoing challenges in the sector. The company’s liquidity position remains stable with increased cash reserves compared to earlier this year.
Topics: eps_beat financials revenue_miss