Accuray Inc (NASDAQ:ARAY) is one of the best small cap robotics stocks to buy according to analysts. The March quarter results that Accuray Inc (NASDAQ:ARAY) reported on May 6 showed the company’s revenue decreased, and the loss widened. The company revealed problems in its Middle East market, citing geopolitical uncertainties. It said the Middle East crisis delayed product shipments and service deliveries.
However, the management reported that the transformation plan launched in December 2025 is progressing well, even exceeding expectations.
Revenue came in at $104.8 million, reflecting a decrease of 7% from the year-ago period. Product sales dropped the sharpest at 13% YoY to $49.7 million. Service revenue declined 1% to $55.1 million. The company posted a net loss of $11.8 million, translating to a loss of $0.09 per share. That compared to a net loss of $1.3 million or $0.01 per share a year ago.
On the bright side, Accuray Inc (NASDAQ:ARAY) said its transformation plan delivered around $10 million in cost and margin improvements in the March quarter (fiscal Q3 2026). It said that puts it on track to exceed its fiscal 2026 target of $12 million. This plan entails reorganization, outsourcing, and cost-cutting, including through workforce optimization.
Accuray Inc (NASDAQ:ARAY) is a medical robotics company. It has developed a robotic radiosurgery system for non-invasive tumor treatment. This AI-driven system, called the CyberKnife System, has a highly maneuverable robotic arm that delivers radiation treatment with high precision and efficiently. It has the ability to adapt to patient movements in real-time.
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