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

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Varex Announces Financial Results for Second Quarter Fiscal Year 2025

May 8, 2025 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 2025.

2QFY25 Summary

Revenues of $213 million GAAP gross margin 36% | Non-GAAP gross margin* 36% GAAP operating margin 10% | Non-GAAP operating margin* 12% GAAP net earnings $0.17 per diluted share | Non-GAAP net earnings* $0.26 per diluted share Cash flow from operations was $17 million

Sunny Sanyal, Chief Executive Officer, stated, "Demand remained strong in the second quarter, driving year-over-year sales growth across both segments. Higher volumes,... More