Accuray Incorporated announced unaudited consolidated earnings results for second quarter and six months ended December 31, 2015. For the quarter, the company's total net revenue was USD 108,912,000 against USD 98,155,000 a year ago. Loss from operations was USD 124,000 against USD 3,591,000 a year ago. Loss before provision for income taxes was USD 5,194,000 against USD 9,119,000 a year ago. Net loss was USD 6,027,000 or USD 0.08 per basic and diluted share against USD 9,992,000 or USD 0.13 per basic and diluted share a year ago. Adjusted EBITDA was USD 6,811,000 against USD 3,740,000 a year ago.

For the six months, the company's total net revenue was USD 198,543,000 against USD 180,536,000 a year ago. Loss from operations was USD 7,355,000 against USD 18,863,000 a year ago. Loss before provision for income taxes was USD 17,516,000 against USD 29,852,000 a year ago. Net loss was USD 19,053,000 or USD 0.24 per basic and diluted share against USD 31,642,000 or USD 0.41 per basic and diluted share a year ago. Adjusted EBITDA was USD 5,718,000 against LBITDA of USD 4,754,000 a year ago.

The company reaffirmed previously provided financial guidance for the year ending June 30, 2016. For the year, the company expects total revenue to be between USD 395 million to USD 410 million, total GAAP net loss to be between USD 28,200,000 to USD 18,300,000, depreciation of USD 10,850,000, interest expense, net of USD 17,300,000 and adjusted EBITDA to be between USD 25,000,000 to USD 35,000,000. This financial guidance is unchanged from that provided on January 11, 2016.