Accuray soft 2020 guidance pressures shares, down 5% after hours

Accuray (NASDAQ:ARAY) fiscal Q4 results:

Revenue: $117.4 (+3%); product sales: $60.6M (+11%).

Net loss: ($1.4M); loss/share: ($0.02).

Non-GAAP EBITDA: $8.9M (+14%).

Fiscal 2020 guidance: Revenue: $410M – 420M (-1% at midpoint); non-GAAP EBITDA: $19M – 24M (-9% at midpoint) citing the impact of Chinese tariffs.

Shares down 5% after hours.

Previously: Accuray EPS misses by $0.04, beats on revenue (Aug. 15)

https://seekingalpha.com/news/3492432-accuray-soft-2020-guidance-pressures-shares-5-percent-hours