What is the market's earnings forecast for Accuray next quarter?

What does Accuray do and what are its main business segments?

What were the key takeaways from Accuray's earnings call?

Did Accuray beat or miss consensus estimates last quarter?

What guidance did Accuray's management provide for the next earnings period?

What is Accuray's latest dividend and current dividend yield?

What were the key takeaways from Accuray’s earnings call?

What is Accuray's gross profit margin?

- **Service revenue growth**: +7% YoY, contract revenue +10%, driving margin focus.
- **EBITDA targets**: High single-digit in 12 months, double-digit long-term, despite Q1 loss of $4.1M.
- **Regional challenges**: EIMEA/China slowdown (-23% product revenue), APAC growth offsetting.
- **Tariff mitigation**: Active programs to recover tariffs, with fluid geopolitical considerations.
- **Backlog visibility**: $396M (18+ months of product revenue), orders timing shifting to H2.

**【Management Opening Remarks】**
- Earnings release for Q1 FY2026 ($94M revenue) and reminder of forward-looking statements.
- Supplemental slide deck available on Investor Relations page.

**【CEO Summary Section】**
- New CEO Steve LaNeve emphasizes transformation plan for EBITDA margin expansion (high single-digit in 12 months, double-digit long-term).
- Focus on restructuring, cost optimization, and collaboration with Board member Steven Mayer.
- Highlights innovation (Stellar product launch) and global market impact of radiation therapy.

**【CFO Financial Commentary】**
- Q1 revenue: $94M (-7% YoY), product revenue $37M (-23% YoY), service revenue $57M (+7% YoY).
- Gross margin 28.3% (-5.6pts YoY) due to product margin decline (20.3% vs 32.9%).
- Operating loss $11.3M; reiterate FY2026 guidance: $471-485M revenue, $31-33M EBITDA.
- Backlog $396M, orders $40M (book-to-bill 1.1), service contract growth 10% YoY.

**【Q&A Key Highlights】**
- Regional performance: U.S. stable, APAC growing, EIMEA/China slower due to macro/geopolitical factors.
- Gross orders $40M (below expectations) due to timing in China and Americas.
- Tariff mitigation: duty drawback program and foreign trade zone consideration.
- Margin outlook: Q2 product margin challenges, improvement in H2 with developed market orders.
- FY2026 revenue split: ~40% H1, 60% H2; service business expected to drive margin expansion.

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