VRAY - ViewRay GAAP EPS of -$0.16 in-line revenue of $22.5M misses by $0.1M
2023-05-10 17:17:08 ET
- ViewRay press release ( NASDAQ: VRAY ): Q1 GAAP EPS of -$0.16 in-line.
- Revenue of $22.5M (+19.0% Y/Y) misses by $0.1M .
- Total backlog increased to $411.0 million as of March 31, 2023, compared to approximately $331.0 million as of March 31, 2022.
- Cash and cash equivalents, inclusive of restricted cash, was $85.5 million as of March 31, 2023.
- Net loss for the first quarter 2023 was $28.9 million, compared to a net loss of $25.8 million in the first quarter of 2022.
- Adjusted EBITDA was a loss of approximately $25.2 million in the first quarter 2023 compared to an adjusted EBITDA loss of approximately $21.3 million in the first quarter 2022.
For further details see:
ViewRay GAAP EPS of -$0.16 in-line, revenue of $22.5M misses by $0.1M