After spending much of the past six months at a four-star rank, medical-equipment specialist Accuray
The maker of the advanced CyberKnife robotic radiosurgery system has seen a pickup in orders as more users adopt the technology, leading to more bullish CAPS calls lately. In its second fiscal quarter, the company boosted its backlog by 18 orders and installed 11 new systems, bringing its installed base around the world to 190 systems. On top of the success in new orders and placements, Accuray reported a big jump in service revenue, which it expects will continue to grow as its installed base of CyberKnife units grows worldwide. Similar to the brighter outlooks coming from medical-device and medical-equipment makers Medtronic
While larger medical-device maker Boston Scientific
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