MADISON, Wis. (AP) — MADISON, Wis. (AP) — Accuray Inc. (ARAY) on Wednesday reported fiscal fourth-quarter profit of $1.1 million.
The Madison, Wisconsin-based company said it had profit of 1 cent per share. Earnings, adjusted to extinguish debt, were less than 1 cent on a per-share basis.
The radiation oncology company posted revenue of $127.5 million in the period.
For the year, the company reported that its loss narrowed to $1.6 million, or 2 cents per share. Revenue was reported as $458.5 million.
Accuray expects full-year revenue in the range of $471 million to $485 million.
In the final minutes of trading on Wednesday, the company’s shares hit $1.49. A year ago, they were trading at $1.45.
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