Accuray reported a strong Q4 with a 17% increase in revenue and a 19% increase in gross orders compared to the prior year. The company finished the fiscal year with a record ending backlog and managed expenses effectively.
Gross orders increased by 19% year-over-year, reaching $112.7 million.
Net revenue increased by 17% year-over-year, totaling $110.9 million.
Net loss was $11.1 million, including a $9.9 million one-time charge for debt refinancing.
Adjusted EBITDA was $6.7 million.
Accuray is introducing guidance for fiscal year 2022 with total revenue expected to range between $410.0 million to $420.0 million, representing a year-over year growth at the midpoint of the range of 5%. Adjusted EBITDA is expected to range between $32.0 million to $35.0 million.
Visualization of income flow from segment revenue to net income