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

o be incurred over fiscal 2012 for the integration of TomoTherapy.

To reflect the ongoing core results of operations of the Company, including adjusting for the impact of the acquisition of TomoTherapy, the Company has presented its operating results on an adjusted non-GAAP basis as well as in accordance with GAAP for the three and nine months ended March 31, 2012. We use the following measures shown in the following tables, which are not calculated in accordance with GAAP. All adjustments to reconcile to GAAP relate to the acquisition of TomoTherapy except the adjustment to Other income (expense). The Company believes that the presentation of non-GAAP financial measures provides useful supplementary information to and facilitates additional analysis by investors. The Company uses these non-GAAP financial measures in connection with its own budgeting and financial planning, as well as evaluating management performance for compensation purposes. These non-GAAP financial measures are in addition to, not a substitute for, nor superior to, measures of financial performance prepared in conformity with GAAP.

For comparison purposes, we have also presented our pro forma results for the three and nine months ended March 31, 2011 based on the combined total of the financial results previously reported by Accuray and TomoTherapy as separate companies, excluding expenses related to the acquisition incurred during this period. Please refer to the pro forma financial results tables starting on page 9 for additional details. RevenueThree Months Ended March 31,Nine Months Ended March 31,20122012201220112012201220122011GAAPAdjustmentsNon-GAAPPro forma Combined ResultsGAAPAdjustmentsNon-GAAPPro forma Combined ResultsProducts

$   59,875$  1,343

 (A) 

$   61,218$
7,261$
79,851$
,826

(A)

$  181,677$
200,330Services

41,720(1,548)

(B)

40,17233,749127,218(10,309
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SOURCE Accuray Incorporated
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