Varex Imaging Announces Financial Results For Third Quarter Of Fiscal Year 2019

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Varex Imaging Corporation (VREX) Misses Q3 EPS by 10c, Revenues Beat; Offers FY19 EPS/Revenue Outlook

August 6, 2019 4:05 PM EDT

Varex Imaging Corporation (NASDAQ: VREX) reported Q3 EPS of $0.24, $0.10 worse than the analyst estimate of $0.34. Revenue for the quarter came in at $197 million versus the consensus estimate of $189.41 million.

Quarterly Highlights

Revenues increased 3% to $197 millionGross margin was 31% | Adjusted gross margin* was 34%Operating earnings margin was 2% | Adjusted operating earnings margin* was 9%Net... More