ARAY Stock Down Despite Q3 Earnings Beat Estimates, Revenues Up Y/Y

Accuray Incorporated (ARAY) reported third-quarter fiscal 2025 loss per share of a cent compared with the year-ago period’s loss of 6 cents. The bottom line surpassed the Zacks Consensus Estimate by 80%.ARAY’s Revenues in DetailAccuray registered quarterly revenues of $113.2 million, up 11.9% year over year. The figure beat the Zacks Consensus Estimate by 10.9%.The overall top-line growth was driven by robust growth in product revenue and solid demand for its CyberKnife system.ARAY’s shares moved south 4.3% ...