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Accuray Announces Results for Fourth Quarter and Fiscal Year 2010
Date:8/31/2010

2011, the portion of revenue attributable to CyberKnife System revenue, gross margin, profitability, customer installation schedules, realization of backlog and service activity. Forward looking statements involve risks and uncertainties that may lead to actual results varying materially from the forward looking statements. Accordingly, investors are cautioned not to place undue reliance on such statements. Many factors could cause actual performance or results to differ materially from these forward looking statements, including, but not limited to the uncertainties associated with the medical device industry; variability of installation and sales cycle including customer financing and construction delays; changes in the regulatory environment, including reimbursement for CyberKnife procedures; market acceptance of products; and the impact of competition. These and other risks are discussed under the heading "Risk Factors" in our report on Form 10-K for the 2010 fiscal year which has been filed with the Securities and Exchange Commission. The Company assumes 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. Accuray IncorporatedUnaudited Condensed Consolidated Statements of Operations(in thousands, except per share data)Three months endedYears endedJune 30, 2010June 27, 2009June 30, 2010June 27, 2009Net revenue:  Products

$
41,482$
39,495$
41,297$
59,257Shared ownership program

4694541,8903,651Services

19,61718,61477,50466,344Other

2202409344,346Total net revenue

61,78858,803221,625233,598Cost of revenue:  Cost of products

18,55919,01065,19768,904Cost of shared ownership program

1421211,019775Cost of services

11,87312,37750,73244,591Cost of other

1562056594,038Total cost of revenue

30,73031,713117,607118,308Gross profit

31,05827,
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SOURCE Accuray Incorporated
Copyright©2010 PR Newswire.
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