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Accuray soars on Street-beating Q2 and increased guidance

January 31, 2014 by Arezu Sarvestani

Accuray slashes Q2 losses and ups its earnings expectations for the year, prompting a 13% boost from Wall Street.

Accuray soars on Street-beating Q2 and increased guidance

California radiation oncology systems maker Accuray (NSDQ:ARAY) scored major Wall Street points with its 2nd quarter financial report, with shares soaring on news of lowered losses and increased guidance for the year.

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Accuray gains on Q1 results

November 8, 2013 by Brad Perriello

Accuray shares are up today after the medical device company reports reduced losses and increased profit margins.

Accuray gains on Q1 results

Accuray (NSDQ:ARAY) shares gained nearly 10% this morning after the medical device company reported lower fiscal 1st-quarter losses and an improved profit margin.

Sunnyvale, Calif.-based Accuray logged losses of $15.5 million, or -21¢ per share, on sales of $76.6 million for the 3 months ended Sept. 30, for a loss reduction of 35.6% on a sales decline of 7.4%.

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Accuray CFO resigns, new CFO comes from Conceptus

September 3, 2013 by Arezu Sarvestani

Accuray CFO Derek Bertocci steps down to spend some time with his family, former Conceptus CFO Gregory Lichtwardt takes his place.

Accuray CFO resigns, new CFO comes from Conceptus

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Accuray touts another quarter of growth, gains Wall Street favor

August 28, 2013 by Arezu Sarvestani

Radiosurgery systems maker Accuray gains more than 10% after releasing its 4th quarter earnings report.

Accuray touts another quarter of growth, gains Wall Street favor

Wall Street piled favor on California radiosurgery systems maker Accuray (NSDQ:ARAY) after the company narrowed losses in its 4th quarter, even as sales dropped by more than 15%.

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Accuray touts new order volume amid sinking sales, widening losses in Q3

May 9, 2013 by Arezu Sarvestani

Radiosurgical devices maker Accuray posted a 30% cut in sales during its 3rd quarter, but CEO Levine says he's "encouraged" by an uptick in order volume.

Accuray logo

Medical device maker Accuray (NSDQ:ARAY) managed to get some Wall Street love after posting a rather harsh 3rd quarter earnings report this week, with investors likely reacting to news of promising order volume growth quarter-over-quarter.

InspireMed pulls in new VP of corporate development from Covidien | Personnel Moves

April 25, 2013 by Sony Salzman

Former Covidien executive Gwen Bame accepts a role as vice president of corporate development for InspireMD.

fired/hired

Gwen Bame, former Covidien exec, joins InspireMD upper management

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Recall: Accuray explains caution on CyberKnife radiosurgery system

April 18, 2013 by Arezu Sarvestani

Medical device company Accuray explains its action to remove 2 potentially defective components of its flagship CyberKnife radiosurgery platform.

Accuray logo

Radiosurgery devices maker Accuray (NSDQ:ARAY) released an official statement on the recall of a pair of components of its CyberKnife radiosurgery systems, warning that the devices were not manufactured to standard.

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