RTTNews | Jan 26, 2022 04:17PM EST

16:16 Wednesday, January 26, 2022 (RTTNews.com) - Accuray Incorporated (ARAY) reported Loss for its second quarter that increased from last year in line with the Street estimates.

The company's earnings totaled $0.18 million, or $0.00 per share. This compares with $4.77 million, or $0.05 per share, in last year's second quarter.

Analysts on average had expected the company to earn $0.00 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 19.3% to $116.28 million from $97.46 million last year.

Accuray Incorporated earnings at a glance (GAAP) :

-Earnings (Q2): $0.18 Mln. vs. $4.77 Mln. last year.-EPS (Q2): $0.00 vs. $0.05 last year.-Analyst Estimate: $0.00-Revenue (Q2): $116.28 Mln vs. $97.46 Mln last year.

-Guidance:Full year revenue guidance: $420.0 - $430.0 Mln

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