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Actionable news in ARAY: Accuray Incorporated,

Will Accuray (ARAY) Stock Fall on Q4 Miss, Downbeat Outlook?

NEW YORK (TheStreet) -- Accuray (ARAY) reported weaker-than-anticipated results for the 2016 fiscal fourth quarter after Wednesday's closing bell.

The Sunnyvale, CA-based radiation oncology company posted a net loss of 9 cents per share, wider than the loss of 7 cents per share that analysts had forecast.

Revenue for the period was $95 million, below Wall Street's estimates of $99 million.

For fiscal 2017, the company sees revenue between $410 million and $420 million. Analysts are...


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