Varex Imaging Corporation (VREX) Tops Q2 EPS by 19c, Revenues Beat; Offers 3Q Revenues Guidance Above Consensus, 3Q EPS Mid-Point View Above Consensus

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Go back to Varex Imaging Corporation (VREX) Tops Q2 EPS by 19c, Revenues Beat; Offers 3Q Revenues Guidance Above Consensus, 3Q EPS Mid-Point View Above Consensus

Varex Announces Financial Results for Second Quarter Fiscal Year 2021

May 4, 2021 4:05 PM EDT

SALT LAKE CITY--(BUSINESS WIRE)-- Varex Imaging Corporation (Nasdaq: VREX) today announced its unaudited financial results for the second quarter of fiscal year 2021.

2QFY21 Summary

Revenues $204 million GAAP gross margin 32% | Non-GAAP gross margin* 35% GAAP operating expense $49 million | Non-GAAP operating expense* $45 million GAAP operating margin 8% | Non-GAAP operating margin* 13% GAAP net earnings $0.08 per diluted share | Non-GAAP net earnings* $0.35 per diluted share

Financial results for the second quarter of fiscal year 2021 were stronger than our expectations and exceeded pre-COVID revenue... More