Varex Imaging Corporation (VREX) Reports Q4 EPS of $0.29, Revenues Beat; Offers FY19 Revenue Outlook Below Consensus

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Varex Announces Financial Results For Fourth Quarter And Fiscal Year 2018

November 13, 2018 4:01 PM EST

SALT LAKE CITY, Nov. 13, 2018 /PRNewswire/ -- Varex Imaging Corporation (Nasdaq: VREX) today announced its financial results for the fourth quarter and fiscal year 2018.

Fiscal Year Highlights

Revenues increased 11% to $773 million Gross margin was 33% | Adjusted gross margin* was 35% Operating earnings margin was 6% | Adjusted operating earnings margin* was 11% Net earnings were $0.72 per diluted share | Adjusted net earnings*... More