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Accuray Inc.

Accuray beats The Street in Q2 earnings

January 28, 2021 By Danielle Kirsh

Accuray (NSDQ:ARAY) yesterday posted second-quarter results that beat the consensus forecast on Wall Street. The Sunnyvale, Calif.-based radiation oncology company reported profits of $4.8 million, or 5¢ per share, on sales of $97.5 million for the three months ended Dec. 31, 2020, for a bottom-line slide of -55.5% sales loss of -1.4% compared with Q2 2020. […]

Filed Under: Business/Financial News, MassDevice Earnings Roundup, Wall Street Beat Tagged With: Accuray Inc.

Accuray ticks up on Street-beating Q1

November 5, 2020 By Sean Whooley

Accuray (NSDQ:ARAY) shares ticked up today on first-quarter results that came in ahead of the consensus forecast. The Sunnyvale, Calif.-based radiotherapy device maker posted profits of $402,000, breaking even on a per-share basis, on sales of $85.3 million for the three months ended Sept. 30, 2020, for a bottom-line gain from losses of more than -$9.3 […]

Filed Under: Business/Financial News, Imaging, MassDevice Earnings Roundup, Radiosurgery/Radiation therapy, Surgical, Wall Street Beat Tagged With: Accuray Inc.

Accuray dips on mixed bag Q4

August 14, 2020 By Sean Whooley

Accuray (NSDQ:ARAY) shares took a hit today on fourth-quarter results that were mixed compared to the consensus forecast. The Sunnyvale, Calif.-based radiotherapy device maker posted losses of -$823,000, or -1¢ per share, on sales of $94.98 million for the three months ended June 30, 2020, for a 41.2% bottom-line gain on a sales decline of -19.1%. […]

Filed Under: Business/Financial News, Imaging, MassDevice Earnings Roundup, Radiosurgery/Radiation therapy, Surgical, Wall Street Beat Tagged With: Accuray Inc.

Accuray launches CyberKnife S7 system

June 17, 2020 By Sean Whooley

Accuray (NSDQ:ARAY) announced today that it launched its CyberKnife S7 system for stereotactic radiosurgery (SRS) and stereotactic body radiation therapy (SBRT). Using real-time artificial intelligence-driven motion tracking and synchronization, CyberKnife S7 offers treatments for SRS and SBRT in as little as 15 minutes, according to a news release. The system’s AI adapts radiation delivery to patient […]

Filed Under: Business/Financial News, Imaging, Oncology, Radiosurgery/Radiation therapy, Robotics, Software / IT Tagged With: Accuray Inc., AI, artificial intelligence

Accuray beats The Street in Q3 results

April 29, 2020 By Danielle Kirsh

Accuray posted third-quarter results that beat the consensus forecast on Wall Street but lowered its financial guidance for 2020. The Sunnyvale, Calif.-based company reported profits of $2.6 million, or 3¢ per share, on sales of $99.5 million for the three months ended March 31, for a bottom-line loss of -93.5% sales loss of -3.6% compared […]

Filed Under: Wall Street Beat Tagged With: Accuray Inc.

Accuray beats The Street on earnings and revenue in Q2 results

January 29, 2020 By Danielle Kirsh

Accuray (NSDQ:ARAY) posted second-quarter results that beat the consensus forecast on Wall Street. The Sunnyvale, Calif.-based company reported profits of $10.7 million, or 12¢ per share, on sales $98.8 million for three months ended Dec. 31, 2019 for a sales loss of -48.6% compared with Q2 2019. Adjusted to exclude one-time items, earnings per share were […]

Filed Under: Wall Street Beat Tagged With: Accuray Inc.

Accuray shares drop as bottom line, revenues slide

October 31, 2019 By Sean Whooley

Accuray (NSDQ:ARAY) shares are down today after the company reported decreased sales and profits in the first quarter of fiscal 2020. The Sunnyvale, Calif.-based radiotherapy device maker posted losses of -$9.4 million, or -11¢ per share, on sales of $89.6 million for the three months ended Sept. 30, for a bottom-line slide of -13% on a […]

Filed Under: MassDevice Earnings Roundup, Radiosurgery/Radiation therapy Tagged With: Accuray Inc.

Smith & Nephew taps ex-Roche chief Diggelman for CEO | Personnel Moves, October 21, 2019

October 21, 2019 By Brad Perriello

Smith & Nephew (NYSE:SNN) today named former Roche (PINK:RHHBY) chief Roland Diggelmann to replace Namal Nawana next month. Nawana, named to succeed Olivier Bohuon last year, is stepping down effective Nov. 1 “to pursue other opportunities outside of the U.K.,” the London-based healthcare giant said. Nawana is slated to stay on until Dec. 31 to […]

Filed Under: Featured, Orthopedics, Wall Street Beat, Wound Care Tagged With: Accuray Inc., Alphabet (Google), conformis, Forward Industries, imperativecare, Magnetic Insight, Medtronic, Orchestra BioMed, Personnel Moves, Pi-Cardia, Smith & Nephew, Xtant Medical

FDA lures Vyaire exec Desai for CTO | Personnel Moves, August 23, 2019

August 23, 2019 By Brad Perriello

The FDA lured former Vyaire Medical executive Vid Desai to take over as permanent CTO, according to Politico. Desai replaces acting CTO Mohammed Sohail Chaudhry, who’s held the role on an interim basis since 2015.  Ebb Therapeutics puts Röösli in the corner office Insomnia device maker Ebb Therapeutics said yesterday that it put Eduard Röösli […]

Filed Under: Business/Financial News, Featured, Food & Drug Administration (FDA), Regulatory/Compliance Tagged With: Accuray Inc., Alphatec, Avanos Medical (formerly Halyard Health), Ebb Therapeutics, Echosens, Frequency Therapeutics, innovatusimaging, Personnel Moves, RSIP Vision, uniqure

Accuray slips on Q4 earnings miss

August 16, 2019 By Brad Perriello

Accuray (NSDQ:ARAY) shares took a hit on lower-than-expected fiscal fourth-quarter earnings and soft guidance for fiscal 2020. The Sunnyvale, Calif.-based radiotherapy device maker posted losses of -$1.4 million, or -2¢ per share, on sales of $97.2 million for the three months ended June 30, widening its losses by 48.0% on sales growth of 0.8% compared with […]

Filed Under: Featured, MassDevice Earnings Roundup, Radiosurgery/Radiation therapy, Wall Street Beat Tagged With: Accuray Inc.

Biomet vet Serbousek to succeed Mason as Orthofix CEO | Personnel Moves, August 13, 2019

August 13, 2019 By Brad Perriello

Orthofix (NSDQ:OFIX) last week named a successor for president & CEO Brad Mason in November, tapping Jon Serbousek as president of its spine business effective August 5. Mason is slated to retire Oct. 31; Serbousek, a 30-year medtech veteran with stints at Biomet, Medtronic (NYSE:MDT) and Johnson & Johnson (NYSE:JNJ) unit DePuy Orthopaedics, is due to […]

Filed Under: Business/Financial News, Featured Tagged With: Accuray Inc., Bill & Melinda Gates Foundation, CeloNova BioSciences, Corinth MedTech, MiMedx Group Inc., Nimbus Concepts, On Target Labs, Orthofix, Personnel Moves, Ra Medical, ReShape Lifesciences, Second Sight, Stryker, Virginia Bio

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