Here's How Accuray Hit a Home Run With Its Q2 Earnings Update
Accuray (NASDAQ: ARAY) delivered a disastrous performance in 2019, with the stock sinking 17% in a great year for most stocks. However, 2020 is turning out to be a much different story. Heading into this week, Accuray's shares were up nearly 40%.
The stock enjoyed another positive catalyst with Accuray reporting its fiscal 2020 second-quarter results after the market closed on Tuesday. Here are the highlights from the company's Q2 update.
Image source: Accuray.
Source Fool.com