Accuray Incorporated Beats on Top and Bottom Lines (ARAY)

Accuray Incorporated (ARAY) reports Q2 EPS of $0.08 versus estimates of $0.05. Accuray Incorporated reports revenues of $61.8 million versus estimates of $61.15 million.

Revenues increased 5.1% year over year.

The company issued in-line guidance for FY 2010; it said that it now sees revenues of $210 to $225 million vs. the Street consensus of $221.00 million.

ARAY’s total backlog was $374 million, with approximately $132 million associated with CyberKnife System contracts and approximately $242 million associated with services and other recurring revenue.

Shares of ARAY are lower in the after-hours by 1.22%.