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Accuray Announces Results for Third Quarter Fiscal 2012
Date:5/8/2012

e date the statements are made and are based on information available to the company at the time those statements are made and/or management's good faith belief as of that time with respect to future events. 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, except to the extent required by applicable securities laws. Accordingly, investors should not put undue reliance on any forward-looking statements.

  

Accuray IncorporatedUnaudited Condensed Consolidated Statements of Operations(in thousands, except per share data)Three Months Ended March 31,Nine Months Ended March 31,2012201120122011Net revenue:Products $
59,875$
35,584$
79,851$
90,771Services 41,72018,253127,21854,833Other 2219101,6211,457Total net revenue 101,81654,747308,690147,061Cost of revenue:Cost of products 32,40114,199103,57434,887Cost of services 33,10012,152103,62635,397Cost of other 2041,0837081,761Total cost of revenue 65,70527,434207,90872,045Gross profit 36,11127,313100,78275,016Operating expenses:Selling and marketing 12,4498,12740,04723,874Research and development 23,7839,29164,22226,651General and administrative 14,21310,42142,84527,461Total operating expenses 50,44527,839147,11477,986Loss from operations(14,334)(526)(46,332)(2,970)Other income (expense), net(952)22(8,323)2,314Loss before provision for income taxes (15,286)(504)(54,655)(656)Provision for income taxes 1,2476562,1521,046Net loss(16,533)(1,160)(56,807)(1,702)Noncontrolling interest(1,652)-(5,029)-Net loss attributable to stockholders$
(14,881)$
(1,160)$
(51,778)$
(1,702)Net loss per share:Basic $
(0.21)$
(0.02)$
(0.73)$
(0.03)Diluted$
(0.21)$
(0.02)$
(0.73)$
(0.03)Weighted average common shares  used in computing net loss
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SOURCE Accuray Incorporated
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