Varex Imaging Corporation (VREX) Tops Q2 EPS by 14c; Offers GY22 Guidance

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Go back to Varex Imaging Corporation (VREX) Tops Q2 EPS by 14c; Offers GY22 Guidance

Varex Announces Financial Results for Second Quarter Fiscal Year 2022

May 3, 2022 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 2022.

2QFY22 Summary

Revenues $215 million GAAP gross margin 33% | Non-GAAP gross margin* 34% GAAP operating expense $44 million | Non-GAAP operating expense* $41 million GAAP operating margin 12% | Non-GAAP operating margin* 15% GAAP net earnings $0.18 per diluted share | Non-GAAP net earnings* $0.37 per diluted share

We continued to see robust demand for our products in the second quarter of fiscal 2022 and achieved sales of $215 million despite ongoing... More