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MADISON, Wis. (AP) — MADISON, Wis. (AP) — Accuray Inc. (ARAY) on Wednesday reported fiscal fourth-quarter net income of $3.4 million, after reporting a loss in the same period a year earlier.
The Madison, Wisconsin-based company said it had profit of 3 cents per share.
The radiation oncology company posted revenue of $134.3 million in the period.
For the year, the company reported that its loss widened to $15.5 million, or 16 cents per share. Revenue was reported as $446.6 million.
Accuray expects full-year revenue in the range of $460 million to $470 million.
In the final minutes of trading on Wednesday, the company's shares hit $1.43. A year ago, they were trading at $3.15.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ARAY at https://www.zacks.com/ap/ARAY