ViewRay: Q1 Earnings Snapshot
By AP News
Published - May 10, 2023, 04:33 PM ET
Last Updated - Jun 21, 2023, 08:56 PM EDT
DENVER (AP) — DENVER (AP) — ViewRay Inc. (VRAY) on Wednesday reported a loss of $28.9 million in its first quarter.
The Denver-based company said it had a loss of 16 cents per share.
The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 15 cents per share.
The radiation therapy systems maker posted revenue of $22.5 million in the period, which also fell short of Street forecasts. Four analysts surveyed by Zacks expected $22.6 million.
