Varex Imaging Corporation (VREX) Tops Q4 EPS by 9c

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Varex Announces Financial Results for Fourth Quarter and Fiscal Year 2022

November 15, 2022 4:05 PM EST

SALT LAKE CITY--(BUSINESS WIRE)-- Varex Imaging Corporation (Nasdaq: VREX) today announced its unaudited financial results for the fourth quarter of fiscal year 2022.

Q4 FY22 Summary

Record revenues of $231 million GAAP gross margin 32% | Non-GAAP gross margin* 33% GAAP operating expense $50 million | Non-GAAP operating expense* $47 million GAAP operating margin 11% | Non-GAAP operating margin* 13% GAAP net earnings $0.32 per diluted share | Non-GAAP net earnings* $0.42 per diluted share

FY22 Summary

Record revenues of $859 million GAAP gross margin 33% | Non-GAAP gross margin* 34% GAAP operating expense $195 million... More