Medicare provider considers ending coverage of Cyberknife, WRCB reports A local Medicare provider for Tennessee, Alabama, and Georgia is considering ending coverage next year for Accuray's (ARAY) Cyberknife robotic radiosurgery, WRCB TV reported yesterday morning. The story is being attributed for the early weakness in shares of Accuray. Reference Link
Accuray backs FY16 revenue view of $395M-$410M, consensus $404.6M Adjusted EBITDA is expected to range between $25M-$35M. Accuray continues to expect that gross orders for the fiscal year will be approximately $295M, which would represent a 10% increase year over year. This financial guidance is unchanged from that provided on January 11.