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Accuray Announces Results for the Fourth Quarter and Fiscal Year End 2008
Date:8/19/2008

result of these and other factors. We assume no obligation to update forward- looking statements to reflect actual performance or results, changes in assumptions or changes in other factors affecting forward-looking information, except to the extent required by applicable securities laws.

Accuray Incorporated

Unaudited Condensed Consolidated Statements of

Operations

(in thousands, except per share data)

Three months ended Years ended

June 28, June 30, June 28, June 30,

2008 2007 2008 2007

Net revenue:

Products $35,553 $34,729 $152,374 $110,320

Shared ownership programs 2,191 2,842 10,262 10,090

Services 11,842 5,651 38,808 16,860

Other 1,353 772 8,937 3,182

Total net revenue 50,939 43,994 210,381 140,452

Cost of revenue:

Costs of products 14,851 13,100 67,183 43,363

Costs of shared ownership

programs 290 672 2,517 2,637

Costs of services 7,851 4,781 26,865 12,269

Costs of other 1,051 525 6,864 2,144

Total cost of revenue 24,043 19,078 103,429 60,413

Gross profit 26,896 24,916 106,952 80,039

Operating expenses:

Selling and marketing 10,611 10,765 42,726 37,889

Research and development 8,405 7,510 32,880 26,775

General and administrative 8,460 7,060 32,280 23,915

Total oper
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SOURCE Accuray Incorporated
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