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ViewRay Reports Third Quarter 2018 Results

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Total revenue for the three months, primarily from 3 MRIdian revenue units, was $17.7 million compared to $12.2 million for the same period last year.

Total operating expenses were $24.5 million, compared to $13.6 million for the same period last year.

Operating expenses in 2018 include $5.0 million in Net loss was $(32.9) million, or $(0.39) per share, compared to $(11.2) million, or $($0.19) per share, for the same period last year.

The net loss in 2018 includes $5.0 million of severance expense for certain terminated executives and $6.7 million related to a change in fair value of warrant liabilities.

Cash and cash equivalents were $201.5 million as of September 30, 2018, compared to $66.1 million as of June 30, 2018, primarily due to the equity …
[Read on via official release]

Source: US SEC
View full document:
EX-991_of_8-K_for_ViewRay_Inc__8-K-11-08-2018