Varex Imaging Corporation (VREX) Misses Q3 EPS by 2c, Revs Miss

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Go back to Varex Imaging Corporation (VREX) Misses Q3 EPS by 2c, Revs Miss

Varex Imaging Announces Financial Results For The Third Quarter Of Fiscal Year 2017

August 3, 2017 4:01 PM EDT

SALT LAKE CITY, Aug. 3, 2017 /PRNewswire/ -- Varex Imaging Corporation (Nasdaq: VREX) today announced its financial results for the third quarter of fiscal year 2017.

Quarterly Highlights

Completed acquisition of the imaging business of PerkinElmer, Inc. Revenues increased 12% to $170 million Gross margin was 35% | Adjusted gross margin* was 38% Operating earnings margin was 9% | Adjusted operating earnings margin* was 14% Net earnings were $0.28 per diluted share | Adjusted net earnings* were $0.44 per diluted share

Third... More