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Accuray Reports Financial Results for First Quarter of Fiscal Year 2014
Date:11/7/2013

$  40,628Services 

47,07342,120Total net revenue 

76,64182,748Cost of revenue:Cost of products 

18,60124,009Cost of services 

31,56235,063Total cost of revenue 

50,16359,072Gross profit 

26,47823,676Operating expenses:Selling and marketing 

14,45412,889Research and development 

12,95018,574General and administrative 

11,36012,842Total operating expenses 

38,76444,305Loss from operations

(12,286)(20,629)Other expense, net

(2,460)(704)Loss before provision for income taxes

(14,746)(21,333)Provision for income taxes

787597Loss from continuing operations

(15,533)(21,930)Loss from discontinued operations attributable to stockholders

-(2,200)Net loss attributable to stockholders

$(15,533)$(24,130)Loss per share attributable to stockholdersBasic and diluted - continuing operations

$
(0.21)$
(0.31)Basic and diluted - discontinued operations

$
-$
(0.03)Basic and diluted - net loss

$
(0.21)$
(0.34)Weighted average common shares used in computing loss per shareBasic and diluted

74,70071,995  Accuray Incorporated  Consolidated Balance Sheets  (in thousands)  (Unaudited)  September 30,  June 30, 20132013 Assets  Current assets:  Cash, cash equivalents and investments 

$
,595

$
74,397 Restricted cash 

2,783

2,728 Accounts receivable, net of allowance for doubtful accounts 

60,136

55,458 Inventories 

87,989

81,592 Prepaid expenses and other current assets 

13,083

12,595 Deferred cost of revenue 

8,658

9,165Total current assets 

334,244

335,935
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SOURCE Accuray Incorporated
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