Accuray (Nasdaq: ARAY) reported earnings on Nov. 7. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Sep. 30 (Q1), Accuray missed estimates on revenues and missed expectations on earnings per share.

Compared to the prior-year quarter, revenue dropped significantly and GAAP loss per share dropped.

Gross margins expanded, operating margins contracted, net margins dropped.

Revenue details
Accuray chalked up revenue of $82.7 million. The six analysts polled by S&P Capital IQ foresaw revenue of $85.4 million on the same basis. GAAP reported sales were 18% lower than the prior-year quarter's $100.5 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at -$0.23. The seven earnings estimates compiled by S&P Capital IQ averaged -$0.22 per share. GAAP EPS were -$0.34 for Q1 versus -$0.38 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 28.6%, 430 basis points better than the prior-year quarter. Operating margin was -27.4%, 280 basis points worse than the prior-year quarter. Net margin was -29.2%, 280 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $98.0 million. On the bottom line, the average EPS estimate is -$0.14.

Next year's average estimate for revenue is $413.2 million. The average EPS estimate is -$0.41.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 513 members out of 539 rating the stock outperform, and 26 members rating it underperform. Among 141 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 136 give Accuray a green thumbs-up, and five give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Accuray is outperform, with an average price target of $9.67.