Accuray (ARAY) declines formal FY2027 revenue, adjusted EBITDA guidance
Accuray Incorporated (ARAY) states it is not providing formal revenue or adjusted EBITDA guidance for fiscal 2027 at this time.
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08:10:33 PM UTC
SquawkNews
Fiscal Year 2027 Financial Guidance As the Company enters fiscal 2027, management believes Accuray is operating from a position of greater strength than a year ago. The Company expects continued growth in service revenue, improved service margins driven by pricing optimization and operational efficiencies, ongoing operating expense discipline, and continued benefits from transformation initiatives. Strategic partnerships are also expected to play an increasingly important role in expanding capabilities while enabling the Company to remain focused on its core competencies. Given ongoing uncertainty related to geopolitical developments, international trade policy, tariff impacts, conditions in China and the Middle East, and broader macroeconomic factors, the Company is not providing formal revenue or Adjusted EBITDA guidance for fiscal 2027 at this time. Management believes the actions taken during fiscal 2026 have strengthened the business and improved the Company's ability to execute and create long-term value for shareholders.
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