Varex Imaging Corporation (VREX) Tops Q3 EPS by 14c; Offers Q4 Guidance

Go back to Varex Imaging Corporation (VREX) Tops Q3 EPS by 14c; Offers Q4 Guidance

Varex Announces Financial Results for Third Quarter Fiscal Year 2022

August 2, 2022 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 2022.

3QFY22 Summary

Revenues $214 million GAAP gross margin 34% | Non-GAAP gross margin* 35% GAAP operating expense $50 million | Non-GAAP operating expense* $47 million GAAP operating margin 11% | Non-GAAP operating margin* 13% GAAP net earnings $0.20 per diluted share | Non-GAAP net earnings* $0.37 per diluted share

Our supply chain diversification efforts are beginning to show results in an otherwise challenging environment, and this... More