Varex Announces Financial Results for Fourth Quarter and Fiscal Year 2020
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Varex Imaging Corporation (VREX) Tops Q4 EPS by 6c, Revenues Beat; Offers 1Q EPS/Revenue Guidance
November 17, 2020 4:03 PM ESTVarex Imaging Corporation (NASDAQ: VREX) reported Q4 EPS of ($0.04), $0.06 better than the analyst estimate of ($0.10). Revenue for the quarter came in at $170 million versus the consensus estimate of $162.1 million.
4QFY20 Summary
Revenues were $170 millionGAAP gross margin was 27% | non-GAAP gross margin* was 28%GAAP operating expense was $58 million | non-GAAP operating expense* was $48 millionGAAP operating margin was (8%) | non-GAAP operating margin* was 0%GAAP... More