Varex Imaging Corporation (VREX) Tops Q3 EPS by 13c

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Varex Announces Financial Results for Third Quarter Fiscal Year 2021

August 3, 2021 4:05 PM EDT

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

3QFY21 Summary

Revenues $211 million GAAP gross margin 35% | Non-GAAP gross margin* 36% GAAP operating expense $48 million | Non-GAAP operating expense* $46 million GAAP operating margin 12% | Non-GAAP operating margin* 14% GAAP net earnings $0.29 per diluted share | Non-GAAP net earnings* $0.40 per diluted share

Sales momentum continued in the third quarter of fiscal 2021 with revenues reaching $211 million, driven by demand in both the Medical and... More