Accuray Reports First-Quarter Revenue of $86.5 Million

Fiscal Q1 revenue fell 8% year over year to $86.5M, while product orders fell to $19.8M from $39.6M. Net income of $10.1M included a $59.6M non-cash debt-extinguishment gain and a $35.4M goodwill impairment; excluding both, net loss was $14.0M.Material DetailsContext by AI AnalystThis is an early e…