Accuray Incorporated announced unaudited consolidated earnings results for second quarter and six months ended December 31, 2013. For the quarter, the company's total net revenue was $93.6 million compared with $77.8 million a year ago. Loss from operations was $0.72 million compared with $22.3 million a year ago. Loss before provision for income taxes was $4.5 million compared with $24.8 million a year ago. Loss from continuing operations was $5.4 million or $0.07 per basic and diluted share compared with $25.5 million or $0.35 per basic and diluted share a year ago. Net loss attributable to stockholders was $5.4 million or $0.07 per basic and diluted share compared with $29.2 million or $0.40 per basic and diluted share a year ago. Adjusted EBITDA was $6.8 million compared with loss of $18.1 million a year ago.

For the six months, the company's total net revenue was $170.3 million compared with $160.5 million a year ago. Loss from operations was $13.0 million compared with $42.9 million a year ago. Loss before provision for income taxes was $19.2 million compared with $46.2 million a year ago. Loss from continuing operations was $20.97 million or $0.28 per basic and diluted share compared with $47.4 million or $0.65 per basic and diluted share a year ago. Net loss attributable to stockholders was $20.97 million or $0.28 per basic and diluted share compared with $53.3 million or $0.74 per basic and diluted share a year ago. Adjusted EBITDA was $2.97 million compared with loss of $29.97 million a year ago.

The company updated its financial guidance of total revenue for fiscal 2014 to a range of $340 million to $350 million. This compares to the previous financial guidance of total revenue in the range of $325 million to $345 million which was provided on August 27, 2013 and reaffirmed on November 7, 2013.