Accuray Q3 2024 GAAP EPS $(0.06) Misses $(0.01) Estimate, Sales $101.132M Miss $113.649M Estimate
Portfolio Pulse from Benzinga Newsdesk
Accuray reported Q3 2024 GAAP EPS of $(0.06), missing estimates by 500% and marking a 700% decrease from the previous year. Sales were $101.132M, missing estimates by 11.01% and down 14.34% from the previous year.
May 01, 2024 | 9:31 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Accuray's Q3 2024 earnings and sales missed estimates significantly, indicating potential challenges ahead.
The significant miss in both earnings per share and sales compared to analyst estimates, along with a substantial decrease from the previous year's figures, suggests a negative short-term impact on Accuray's stock price. The magnitude of the miss and the year-over-year decline in performance are critical factors likely to influence investor sentiment negatively.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100