Accuray Revenue Falls 8% as Product Sales and Orders Decline
Accuray reported on November 4, 2026 that fiscal first-quarter revenue fell 8% year over year to $86.5 million for the three months ended September 30, 2026. Product revenue declined 26%, while gross product orders fell to $19.8 million from $39.6 million, outweighing continued growth in the company’s service business. GAAP net income was $10.1 million, or $0.07 per diluted share, compared with a net loss of $21.7 million, or $0.18 per share, in the prior-year quarter. That profit included two…