SUNNYVALE, Calif. (AP) _ Accuray Inc. (ARAY) on Wednesday reported fiscal second-quarter net income of $4.8 million.

On a per-share basis, the Sunnyvale, California-based company said it had net income of 5 cents.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 1 cent per share.

The radiation oncology company posted revenue of $97.5 million in the period.

Accuray shares have risen 24% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $5.19, a rise of 38% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ARAY at https://www.zacks.com/ap/ARAY

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News