ViewRay reports major revenue boost in Q3

By AuntMinnie.com staff writers

November 8, 2021 -- Image-guided radiation therapy vendor ViewRay reported revenue for the third quarter of 2021 that was nearly double what it was a year ago.

For the quarter (end-September 30), the firm posted revenue of $19.2 million, up 90% compared with $10.1 million in revenue reported during the same period in 2020. The company's net loss for the most recent period was $25.3 million, compared with a net loss of $28.1 million in the third quarter of 2020.

Additionally, ViewRay reported that it received seven new orders for MRIdian systems worth a total of $39.4 million during the third quarter of 2021. During that same period in 2020, the company received four new orders totaling $23.4 million in the third quarter of 2020.


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