Accuray Q1 Earnings Meet Estimates, Sales Beat, Gross Margin Shrinks
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Accuray's Q1 fiscal 2025 earnings met estimates, but both revenue and earnings declined year-over-year. Sales exceeded expectations, but the gross margin shrank.
November 07, 2024 | 4:30 pm
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Accuray's Q1 fiscal 2025 earnings met estimates, but both revenue and earnings declined year-over-year. Sales exceeded expectations, but the gross margin shrank.
While Accuray's earnings met estimates and sales beat expectations, the decline in both revenue and earnings year-over-year, along with a shrinking gross margin, presents a mixed outlook. This could lead to a neutral short-term impact on the stock price as investors weigh the positive sales against the negative earnings and margin trends.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100