Varex Imaging Corporation (VREX) Tops Q4 EPS by 11c, Beats on Revenue; Offers Q1 Guidance
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Varex Announces Financial Results for Fourth Quarter and Fiscal Year 2024
November 19, 2024 4:05 PM ESTSALT LAKE CITY--(BUSINESS WIRE)-- Varex Imaging Corporation (Nasdaq: VREX) today announced its unaudited financial results for the fourth quarter and fiscal year 2024.
Q4 FY24 Summary
Revenues of $206 million GAAP gross margin 33% | Non-GAAP gross margin* 33% GAAP operating expense $56 million | Non-GAAP operating expense* $53 million GAAP operating margin 5% | Non-GAAP operating margin* 7% GAAP net earnings $(1.22) per diluted share | Non-GAAP net earnings* $0.19 per diluted share Cash flow from operations $26 millionFY24 Summary
Revenues of $811 million GAAP gross margin 32% | Non-GAAP gross margin*... More