BTIG downgrades Accuray due to revenue challenges and withdrawn outlook

nl.investing.com (Dutch)

BTIG downgraded Accuray's rating due to persistent revenue issues and the company's withdrawal of its financial outlook. The firm cited geopolitical uncertainty impacting product revenue and missed adjusted EBITDA expectations, leading to a removal of the price target. Accuray's stock has fallen significantly. Accuray also reported third-quarter results that missed expectations, further contributing to investor concerns about its financial performance and outlook.


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BTIG downgrades Accuray due to revenue challenges and withdrawn outlook | News Minimalist