---
title: "ARAY: Cost improvements exceeded targets, but product revenue fell and guidance was withheld for 2027"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296395300.md"
description: "Transformation initiatives drove over $20M in cost and margin improvements, while service revenue grew 4% for the year despite a 27% drop in product revenue. Adjusted EBITDA declined year-over-year, and no formal guidance was issued for fiscal 2027 amid ongoing geopolitical and macroeconomic uncertainties.Original document: Accuray Incorporated [ARAY] SEC 8-K Current Report — Aug. 19 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source."
datetime: "2026-08-19T20:09:24.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296395300.md)
  - [en](https://longbridge.com/en/news/296395300.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296395300.md)
generator: "portal-rs"
---

# ARAY: Cost improvements exceeded targets, but product revenue fell and guidance was withheld for 2027

Transformation initiatives drove over $20M in cost and margin improvements, while service revenue grew 4% for the year despite a 27% drop in product revenue. Adjusted EBITDA declined year-over-year, and no formal guidance was issued for fiscal 2027 amid ongoing geopolitical and macroeconomic uncertainties.

Original document: Accuray Incorporated \[ARAY\] SEC 8-K Current Report — Aug. 19 2026

**Disclaimer**

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**