Accuray (ARAY) Reports Q1 Loss, Tops Revenue Estimates

Accuray (ARAY) came out with a quarterly loss of $0.04 per share in line with the Zacks Consensus Estimate. This compares to loss of$0.03 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this radiation oncology company would post earnings of $0.04 per share when it actually produced earnings of$0.03, delivering a surprise of -25%.Over the last four quarters, the company has not been able to surpass consensus EPS estimates.Accuray, which belongs t ...