ARAY Earnings

ARAY reported its earnings on 2026-02-04, showcasing a revenue of 102.24M against an estimate of 100.86M, resulting in a 1.37% surprise. The EPS was -0.11, surpassing the expected -0.07 by -57.14% . The stock experienced a -20.68% price change on the earnings day and a 0% change over the next five days, reflecting market reactions to the results.

Following ARAY's earnings announcement on 2026-02-04, the stock price moved by -20.68% on the day of the release. Over the subsequent five days, it saw a % change. Historically, ARAY's stock price tends to shift by an average of +4.37% in the 10 days leading up to earnings and +4.53% in the 10 days following, providing insight into potential market.

For 2026/Q3, analysts estimate ARAY’s annual revenue to reach 121.19M, while the EPS is projected at -0.02. These estimates reflect recent revisions, with revenue estimates revised Revenue No Change by 0% and EPS estimates No Change by 0% over the past three months, indicating analyst expectation in the company’s performance.

The correlation between ARAY's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock’s fundamentals. Over the past three months, revenue estimates for FY2026 were No Change by 0%, while EPS estimates moved No Change by 0% . This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, ARAY's stock price typically moves by +4.37% in the 10 days before its earnings and +4.53% in the 10 days after. For the upcoming 2026/Q3 earnings, analysts expect an EPS of -0.02 and revenue of 121.19M.

The earnings call reveals several negative factors: a decline in net revenue and gross margins, geopolitical tensions affecting product revenue, and reduced revenue guidance. Additionally, workforce reductions and restructuring charges highlight financial strain, while cash flow concerns further dampen sentiment. Although there are some positive aspects, such as service revenue growth and potential new initiatives, the overall picture is negative due to financial challenges and uncertainties.