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

ating expenses 27,476 25,335 107,886 88,579

Loss from operations (580) (419) (934) (8,540)

Interest and other income, net 1,030 2,180 7,184 3,530

Income (loss) before provision

for income taxes and

cumulative effect of change in

accounting principle 450 1,761 6,250 (5,010)

Provision for income taxes 259 1,259 867 1,444

Income (loss) before cumulative

effect of change in accounting

principle 191 502 5,383 (6,454)

Cumulative effect of change in

accounting principle, net - - - 838

of tax of $0

Net income (loss) $191 $502 $5,383 $(5,616)

Net income (loss) per common

share, basic and diluted:

Basic

Income (loss) before cumulative

effect of change in

accounting principle $0.00 $0.01 $0.10 $(0.21)

Cumulative effect of change in

accounting principle - - - 0.03

Basic net income (loss) per

share $0.00 $0.01 $0.10 $(0.18)

Diluted

Income (loss) before cumulative

effect of change in

accounting principle $0.00 $0.01 $0.09 $(0.21)

Cumulative effect of change in

accounting principle - - - 0.03

Diluted net income (loss) per

share $0.00 $0.01 $0.09 $(0.18)

Weighted average common shares

outstanding used in computing

net income (loss) per share:

Basic 54,506 53,732 54,531 30,764

Diluted 58,854 62,553 60,434
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SOURCE Accuray Incorporated
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