Varex Imaging Corporation (VREX) Tops Q4 EPS by 12c

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Go back to Varex Imaging Corporation (VREX) Tops Q4 EPS by 12c

Varex Announces Financial Results for Fourth Quarter and Fiscal Year 2023

November 14, 2023 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 2023.

Q4 FY23 Summary

Revenues of $227 million GAAP gross margin 34% | Non-GAAP gross margin* 36% GAAP operating expense $54 million | Non-GAAP operating expense* $51 million GAAP operating margin 11% | Non-GAAP operating margin* 13% GAAP net income $0.66 per diluted share | Non-GAAP net income* $0.45 per diluted share Cash flow from operations $47 million

FY23 Summary

Record revenues of $893 million GAAP gross margin 32% | Non-GAAP gross margin*... More