Accuray Q3 Loss Narrows - Quick Facts

(RTTNews) - Accuray Incorporated (ARAY) reported a third-quarter net loss of $3.0 million or $0.04 per share, compared to a loss of $4.7 million or $0.06 per share, prior year. Adjusted EBITDA for the third quarter of 2015 was $9.9 million, compared to $7.8 million in the prior fiscal year third quarter.

On average, eight analysts polled by Thomson Reuters expected the company to report a loss per share of $0.06 for the quarter. Analysts' estimates typically exclude special items.

Revenue increased to $97.52 million from $97.14 million last year. Analysts expected revenue of $102.72 million for the quarter.

Accuray revised financial guidance for fiscal year 2015 as: total revenue of $375 million to $385 million and adjusted EBITDA of $13 million to $16 million. Analysts expect the company to report fiscal 2015 revenue of $394.18 million.