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Accuray Reports Continued Growth in Second Quarter of Fiscal 2008
Date:1/30/2008

Unaudited Condensed Consolidated Statements of

Operations

(in thousands, except per share data)

Three months ended Six months ended

December December December December

29, 2007 30, 2006 29, 2007 30, 2006

Net revenue:

Products $39,131 $19,309 $76,115 $46,076

Shared ownership programs 3,044 2,585 5,356 4,811

Services 8,950 3,661 15,949 6,630

Other 913 792 3,264 1,601

Total net revenue 52,038 26,347 100,684 59,118

Cost of revenue:

Costs of products 16,481 7,363 32,921 18,080

Costs of shared ownership programs 760 696 1,472 1,302

Costs of services 6,391 2,960 10,849 4,629

Costs of other 544 626 1,669 1,102

Total cost of revenue 24,176 11,645 46,911 25,113

Gross profit 27,862 14,702 53,773 34,005

Operating expenses:

Selling and marketing 11,167 9,764 21,323 17,294

Research and development 8,128 6,132 15,843 12,314

General and administrative 7,976 6,136 15,877 10,755

Total operating expenses 27,271 22,032 53,043 40,363

Income (loss) from operations 591 (7,330) 730 (6,358)

Interest and other income, net 2,197 103 4,809 310

Income (loss) before provision for

income taxes and cumulative effect of

change in accounting principle 2,788 (7,227) 5,
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SOURCE Accuray Incorporated
Copyright©2008 PR Newswire.
All rights reserved

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