Accuray (NASDAQ:ARAY) is set to post its quarterly earnings results after the market closes on Wednesday, April 25th. Analysts expect Accuray to post earnings of ($0.05) per share for the quarter.
Accuray (NASDAQ:ARAY) last posted its quarterly earnings results on Tuesday, January 23rd. The medical equipment provider reported ($0.06) EPS for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.05. The company had revenue of $100.33 million during the quarter, compared to analysts’ expectations of $90.31 million. Accuray had a negative return on equity of 44.66% and a negative net margin of 6.09%. Accuray’s revenue was up 14.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.11) EPS. On average, analysts expect Accuray to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of ARAY stock opened at $5.15 on Wednesday. The firm has a market cap of $417.94, a P/E ratio of -14.31 and a beta of 1.73. Accuray has a twelve month low of $3.60 and a twelve month high of $6.15. The company has a debt-to-equity ratio of 2.66, a quick ratio of 0.99 and a current ratio of 1.54.
In other Accuray news, CEO Joshua Levine sold 8,675 shares of the firm’s stock in a transaction dated Tuesday, April 3rd. The stock was sold at an average price of $4.65, for a total transaction of $40,338.75. Following the sale, the chief executive officer now owns 1,426,753 shares in the company, valued at $6,634,401.45. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold 14,257 shares of company stock worth $66,295 in the last 90 days. Company insiders own 3.90% of the company’s stock.
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Accuray Incorporated designs, develops, and sells radiosurgery and radiation therapy systems for the treatment of tumors in the body. The company offers the CyberKnife System, a robotic stereotactic radiosurgery and stereotactic body radiation therapy system used for the treatment of various types of cancer and tumors in the body.
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