Varex Imaging Corporation (VREX) Reports In-Line Q2 EPS, Beats on Revenues

Varex Imaging Corporation (NASDAQ: VREX) reported Q2 EPS of $0.45, in-line with the analyst estimate of $0.45. Revenue for the quarter came in at $201 million versus the consensus estimate of $187.33 million.

Quarterly Highlights

• Revenues increased 30% to $201 million
• Gross margin was 35% | Adjusted gross margin* was 36%
• Operating earnings margin was 9% | Adjusted operating earnings margin* was 12%
• Net earnings were $0.32 per diluted share | Adjusted net earnings* were $0.45 per diluted share

For earnings history and earnings-related data on Varex Imaging Corporation (VREX) click here.

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