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Accuray Reports Record Revenue in First Quarter of Fiscal 2008
Date:11/7/2007

1,179

Provision for income taxes 486 59

Income before cumulative effect of

change in accounting principle 2,265 1,120

Cumulative effect of change in

accounting principle, net of tax of $0 - 838

Net income $2,265 $1,958

Net income per common share, basic and diluted:

Basic

Income before cumulative effect of

change in accounting principle $0.04 $0.03

Cumulative effect of change in

accounting principle - 0.02

Basic net income per share $0.04 $0.05

Diluted

Income before cumulative effect of

change in accounting principle $0.04 $0.02

Cumulative effect of change in

accounting principle - 0.02

Diluted net income per share $0.04 $0.04

Weighted average common shares outstanding

used in computing net income per share:

Basic 54,025 41,445

Diluted 61,154 49,851

Cost of revenue, selling and marketing,

research and development, and general

and administrative expenses include

stock-based compensation charges as follows:

Cost of revenue $321 $217

Selling and marketing $1,107 $649

Research and development $675 $449

General and administrative $2,201 $897

Accuray Incorporated

Unaudited Condensed Consolidated Balance Sheets


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SOURCE Accuray Incorporated
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