Accuray Inc. (ARAY: Quote) reported second quarter preliminary non-GAAP revenue of $72 million to $75 million. The company also announced that it expects to report a full year 2013 net loss of $0.87 to $0.95 per share. The consensus estimate is for a loss of $0.49.
Accuray gapped open dramatically lower Friday, but traded in a narrow range throughout the session. The stock closed down by 1.37 at $5.41 on the highest volume of the year. Accuray sank to an 11-month low.
Click here to receive FREE breaking news email alerts for Accuray Incorporated and others in your portfolio
by RTT Staff Writer
For comments and feedback: editorial@rttnews.com
Business News