VREX - Earnings announcements

Varex Imaging Corporation (NASDAQ:VREX) today announced its unaudited financial results for the second quarter fiscal year 2026. Q2FY26 Summary Revenues $216 million GAAP gross margin 34% | Non-GAAP gross margin* 34% GAAP operating margin 7% | Non-GAAP operating margin* 9% GAAP net loss $0.19 per diluted share | Non-GAAP net income* $0.21 per diluted share Cash outflows from operations of $2 million "Demand remained solid in the second quarter, with continued momentum across both our Medical and Industrial businesses driven by global CT, cargo systems and photon counting detectors," said Sunny Sanyal, Chief Executive Officer. Sanyal added, "As we move into the second hal

Varex Imaging Corporation (NASDAQ:VREX) today announced that it will report unaudited financial results for the second quarter of fiscal year 2026, following the close of regular trading on Thursday, May 7, 2026. The earnings news release will be followed by a conference call at 3:00 pm Mountain Time that day. This call will be webcast live and can be accessed at the company's website at www.vareximaging.com/investor-relations/. Investors can also access this conference call at 877-524-8416 from anywhere in the U.S. or 412-902-1028 from non-U.S. locations. The webcast of this call will be archived on the company's website and a replay of the call will be available from May 7th through May

Varex Imaging Corporation (NASDAQ:VREX) today announced its unaudited financial results for the first quarter fiscal year 2026. Q1FY26 Summary Revenues $210 million GAAP gross margin 33% | Non-GAAP gross margin* 34% GAAP operating margin 7% | Non-GAAP operating margin* 9% GAAP net income $0.05 per diluted share | Non-GAAP net income* $0.19 per diluted share Cash outflow from operations of $16 million "We are pleased to report a solid start to fiscal 2026, with results toward the high-end of guidance. First quarter revenue of $210 million, increased 5% year-over-year. Growth in the quarter was driven by strength in our cargo systems business, which contributed to a 17% ye

Varex Imaging Corporation (NASDAQ:VREX) today announced that it will report unaudited financial results for the first quarter of fiscal year 2026, following the close of regular trading on Tuesday, February 10, 2026. The earnings news release will be followed by a conference call at 3:00 pm Mountain Time that day. This call will be webcast live and can be accessed at the company's website at www.vareximaging.com/investor-relations/. Investors can also access this conference call at 877-524-8416 from anywhere in the U.S. or 412-902-1028 from non-U.S. locations. The webcast of this call will be archived on the company's website and a replay of the call will be available from February 10th t

Varex Imaging Corporation (NASDAQ:VREX) today announced its unaudited financial results for the fourth quarter and fiscal year 2025. Q4FY25 Summary Revenues $229 million GAAP gross margin 34% | Non-GAAP gross margin* 34% GAAP operating margin 9% | Non-GAAP operating margin* 10% GAAP net income $0.29 per diluted share | Non-GAAP net income* $0.37 per diluted share Cash flow from operations was $8 million FY25 Summary Revenues $845 million GAAP gross margin 34% | Non-GAAP gross margin* 35% GAAP operating margin (3)% | Non-GAAP operating margin* 9% GAAP net loss $(1.70) per diluted share | Non-GAAP net income* $0.90 per diluted share Cash flow from operations

Varex Imaging Corporation (NASDAQ:VREX) today announced that it will report unaudited financial results for the fourth quarter and fiscal year 2025, following the close of regular trading on Tuesday, November 18, 2025. The earnings news release will be followed by a conference call at 3:00 pm Mountain Time that day. This call will be webcast live and can be accessed at the company's website at www.vareximaging.com/investor-relations/. Investors can also access this conference call at 877-524-8416 from anywhere in the U.S. or 412-902-1028 from non-U.S. locations. The webcast of this call will be archived on the company's website and a replay of the call will be available from November 18th

Varex Imaging Corporation (NASDAQ:VREX) today announced its unaudited financial results for the third quarter of fiscal year 2025. 3QFY25 Summary Revenues of $203 million GAAP gross margin 33% | Non-GAAP gross margin* 34% GAAP operating margin (40)% | Non-GAAP operating margin* 8% GAAP net loss $(2.15) per diluted share | Non-GAAP net earnings* $0.18 per diluted share Cash flow from operations was $8 million Sunny Sanyal, Chief Executive Officer, stated, "We are pleased to report that third quarter revenue of $203 million was above the high-end of our guidance. Our Industrial segment remained strong in the quarter and Medical revenue in China was better than our expectat

Varex Imaging Corporation (NASDAQ:VREX) today announced that it will report unaudited financial results for the third quarter of fiscal year 2025, following the close of regular trading on Thursday, August 7, 2025. The earnings news release will be followed by a conference call at 3:00 pm Mountain Time that day. This call will be webcast live and can be accessed at the company's website at www.vareximaging.com/investor-relations/. Investors can also access this conference call at 877-524-8416 from anywhere in the U.S. or 412-902-1028 from non-U.S. locations. The webcast of this call will be archived on the company's website and a replay of the call will be available from August 7th throug

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, improved sales mix and productivity gains drove margin expansion, profitability and cash generation in

Varex Imaging Corporation (NASDAQ:VREX) today announced that it will report unaudited financial results for the second quarter of fiscal year 2025, following the close of regular trading on Thursday, May 8, 2025. The earnings news release will be followed by a conference call at 3:00 pm Mountain Time that day. This call will be webcast live and can be accessed at the company's website at www.vareximaging.com/investor-relations/. Investors can also access this conference call at 877-524-8416 from anywhere in the U.S. or 412-902-1028 from non-U.S. locations. The webcast of this call will be archived on the company's website and a replay of the call will be available from May 8th through May

Varex Imaging Corporation (NASDAQ:VREX) today announced its unaudited financial results for the first quarter of fiscal year 2025. 1QFY25 Summary Revenues of $200 million GAAP gross margin 34% | Non-GAAP gross margin* 35% GAAP operating margin 6% | Non-GAAP operating margin* 7% GAAP net loss $0.01 per diluted share | Non-GAAP net earnings* $0.07 per diluted share Cash flow from operations was $10 million Sunny Sanyal, Chief Executive Officer, stated, "Demand in the first quarter was solid, with both Medical and Industrial revenue up year-over-year. Favorable sales mix and productivity gains across both segments resulted in higher than expected profitability and earnings

Varex Imaging Corporation (NASDAQ:VREX) today announced that it will report unaudited financial results for the first quarter of fiscal year 2025 following the close of regular trading on Thursday, February 6, 2025. The earnings news release will be followed by a conference call at 3:00 pm Mountain Time that day. This call will be webcast live and can be accessed at the company's website at www.vareximaging.com/investor-relations/. Investors can also access this conference call at 877-524-8416 from anywhere in the U.S. or 412-902-1028 from non-U.S. locations. The webcast of this call will be archived on the company's website and a replay of the call will be available from February 6th thr

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 million FY24 Summary Revenues of $811 million GAAP gross margin 32% | Non-GAAP gross margin* 32% GAAP operating expense $225 million | Non-GAAP operating expense* $210 million GAAP o

Varex Imaging Corporation (NASDAQ:VREX) today announced that it will report unaudited financial results for the fourth quarter and full fiscal year 2024 following the close of regular trading on Tuesday, November 19, 2024. The earnings news release will be followed by a conference call at 3:00 pm Mountain Time that day. This call will be webcast live and can be accessed at the company's website at www.vareximaging.com/investor-relations/. Investors can also access this conference call at 877-524-8416 from anywhere in the U.S. or 412-902-1028 from non-U.S. locations. The webcast of this call will be archived on the company's website and a replay of the call will be available from November 1

Varex Imaging Corporation (NASDAQ:VREX) today announced its unaudited financial results for the third quarter of fiscal year 2024. 3QFY24 Summary Revenues $209 million GAAP gross margin 32% | Non-GAAP gross margin* 32% GAAP operating margin 4% | Non-GAAP operating margin* 7% GAAP net earnings $0.03 per diluted share | Non-GAAP net earnings* $0.14 per diluted share Cash flow from operations was $8 million Sunny Sanyal, Chief Executive Officer, stated, "Revenue in the third quarter of fiscal 2024 came in as expected, driven primarily by continued strength in our cargo inspection business, which drove a 6% year-over-year increase in our Industrial segment." Varex's revenu

Varex Imaging Corporation (NASDAQ:VREX) today announced that it will report unaudited financial results for the third quarter of fiscal year 2024 following the close of regular trading on Thursday, August 1, 2024. The earnings news release will be followed by a conference call at 3:00 pm Mountain Time that day. This call will be webcast live and can be accessed at the company's website at www.vareximaging.com/investor-relations/. Investors can also access this conference call at 877-524-8416 from anywhere in the U.S. or 412-902-1028 from non-U.S. locations. The webcast of this call will be archived on the company's website and a replay of the call will be available from August 1st through

Varex Imaging Corporation (NASDAQ:VREX) today announced its unaudited financial results for the second quarter of fiscal year 2024. 2QFY24 Summary Revenues $206 million GAAP gross margin 32% | Non-GAAP gross margin* 33% GAAP operating margin 4% | Non-GAAP operating margin* 6% GAAP net earnings $0.03 per diluted share | Non-GAAP net earnings* $0.16 per diluted share Cash flow from operations was $3 million "Revenue of $206 million in the second quarter was in line with guidance, but down year-over-year primarily due to lower sales to our customers in China," said Sunny Sanyal, Chief Executive Officer of Varex. "Sales in the first half of fiscal 2024 were as expected, but

Varex Imaging Corporation (NASDAQ:VREX) today announced that it will report unaudited financial results for the second quarter of fiscal year 2024 following the close of regular trading on Thursday, May 2, 2024. The earnings news release will be followed by a conference call at 3:00 pm Mountain Time that day. This call will be webcast live and can be accessed at the company's website at www.vareximaging.com/investor-relations/. Investors can also access this conference call at 877-524-8416 from anywhere in the U.S. or 412-902-1028 from non-U.S. locations. The webcast of this call will be archived on the company's website and a replay of the call will be available from May 2nd through May

Varex Imaging Corporation (NASDAQ:VREX) today announced its unaudited financial results for the first quarter of fiscal year 2024. 1QFY24 Summary Revenues $190 million GAAP gross margin 30% | Non-GAAP gross margin* 31% GAAP operating margin 2% | Non-GAAP operating margin* 5% GAAP net loss $0.01 per diluted share | Non-GAAP net earnings* $0.06 per diluted share Cash flow from operations was $10 million "Revenue of $190 million in the first quarter of fiscal 2024, was at the mid-point of our guidance, however unfavorable mix in both the Medical and Industrial segments impacted profitability." said Sunny Sanyal, Chief Executive Officer of Varex. Varex's revenue of $190 mi

Varex Imaging Corporation (NASDAQ:VREX) today announced that it will report unaudited financial results for the first quarter of fiscal year 2024 following the close of regular trading on Tuesday, February 6, 2024. The earnings news release will be followed by a conference call at 3:00 pm Mountain Time that day. This call will be webcast live and can be accessed at the company's website at www.vareximaging.com/investor-relations/. Investors can also access this conference call at 877-524-8416 from anywhere in the U.S. or 412-902-1028 from non-U.S. locations. The webcast of this call will be archived on the company's website and a replay of the call will be available from February 6th thro

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* 33% GAAP operating expense $213 million | Non-GAAP operating expense* $199 million GAAP

Varex Imaging Corporation (NASDAQ:VREX) today announced that it will report unaudited financial results for the fourth quarter and full fiscal year 2023 following the close of regular trading on Tuesday, November 14, 2023. The earnings news release will be followed by a conference call at 3:00 pm Mountain Time that day. This call will be webcast live and can be accessed at the company's website at www.vareximaging.com/investor-relations/. Investors can also access this conference call at 877-524-8416 from anywhere in the U.S. or 412-902-1028 from non-U.S. locations. The webcast of this call will be archived on the company's website and a replay of the call will be available from November

Varex Imaging Corporation (NASDAQ:VREX) today announced its unaudited financial results for the third quarter of fiscal year 2023. 3QFY23 Summary Revenues $232 million GAAP gross margin 33% | Non-GAAP gross margin* 34% GAAP operating margin 10% | Non-GAAP operating margin* 13% GAAP net earnings $0.21 per diluted share | Non-GAAP net earnings* $0.37 per diluted share Cash flow from operations $38 million "We are pleased to report another solid quarter, with revenues reaching $232 million in the third quarter of fiscal 2023, a new quarterly record for Varex, and non-GAAP gross margin of 34% exceeding our expectations. These results were helped by the continued strength in

Varex Imaging Corporation (NASDAQ:VREX) today announced that it will report unaudited financial results for the third quarter of fiscal year 2023 following the close of regular trading on Tuesday, August 1, 2023. The earnings news release will be followed by a conference call at 3:00 pm Mountain Time that day. This call will be webcast live and can be accessed at the company's website at https://www.vareximaging.com/investor-relations/. Investors can also access this conference call at 877-524-8416 from anywhere in the U.S. or 412-902-1028 from non-U.S. locations. The webcast of this call will be archived on the company's website and a replay of the call will be available from August 1st

Varex Imaging Corporation (NASDAQ:VREX) today announced its unaudited financial results for the second quarter of fiscal year 2023. 2QFY23 Summary Revenues $228 million GAAP gross margin 32% | Non-GAAP gross margin* 33% GAAP operating margin 7% | Non-GAAP operating margin* 10% GAAP net earnings $0.10 per diluted share | Non-GAAP net earnings* $0.26 per diluted share Cash flow from operations $27 million "We are pleased to report results for the second quarter that exceeded the high-end of our guidance. Demand for our products was strong during the quarter. Revenue growth for the Industrial segment exceeded our expectations, while Medical segment revenue growth was as exp

Varex Imaging Corporation (NASDAQ:VREX) today announced that it will report unaudited financial results for the second quarter of fiscal year 2023 following the close of regular trading on Tuesday, May 2, 2023. The earnings news release will be followed by a conference call at 3:00 pm Mountain Time that day. This call will be webcast live and can be accessed at the company's website at https://www.vareximaging.com/investor-relations/. Investors can also access this conference call at 877-524-8416 from anywhere in the U.S. or 412-902-1028 from non-U.S. locations. The webcast of this call will be archived on the company's website and a replay of the call will be available from May 2nd throu

Varex Imaging Corporation (NASDAQ:VREX) today announced its unaudited financial results for the first quarter of fiscal year 2023. 1QFY23 Summary Revenues $206 million GAAP gross margin 31% | Non-GAAP gross margin* 32% GAAP operating expense $50 million | Non-GAAP operating expense* $47 million GAAP operating margin 6% | Non-GAAP operating margin* 9% GAAP net earnings $0.08 per diluted share | Non-GAAP net earnings* $0.21 per diluted share "Global demand for our products was in line with our expectations, resulting in revenue of $206 million in the first quarter," said Sunny Sanyal, Chief Executive Officer of Varex. Sanyal added, "However, we are beginning to see some cautiousn

Varex Imaging Corporation (NASDAQ:VREX) today announced that it will report unaudited financial results for the first quarter of fiscal year 2023 following the close of regular trading on Tuesday, January 31, 2023. The earnings news release will be followed by a conference call at 3:00 pm Mountain Time that day. This call will be webcast live and can be accessed at the company's website at www.vareximaging.com/investors. Investors can also access this conference call at 877-524-8416 from anywhere in the U.S. or 412-902-1028 from non-U.S. locations. The webcast of this call will be archived on the company's website and a replay of the call will be available from January 31st through Februar

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 | Non-GAAP operating expense* $179 million GAAP operating margin 10% | Non-GAAP operatin

Varex Imaging Corporation (NASDAQ:VREX) today announced that it will report unaudited financial results for the fourth quarter and full fiscal year 2022 following the close of regular trading on Tuesday, November 15, 2022. The earnings news release will be followed by a conference call at 3:00 pm Mountain Time that day. This call will be webcast live and can be accessed at the company's website at www.vareximaging.com/investors. Investors can also access this conference call at 877-524-8416 from anywhere in the U.S. or 412-902-1028 from non-U.S. locations. The webcast of this call will be archived on the company's website and a replay of the call will be available from November 15th throug

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 enabled us to focus on meeting our customer's needs and realize sales at the high-end of our guidance range," said Sun

Varex Imaging Corporation (NASDAQ:VREX) today announced that it will report unaudited financial results for the third quarter of fiscal year 2022 following the close of regular trading on Tuesday, August 2, 2022. The earnings news release will be followed by a conference call at 3:00 pm Mountain Time that day. This call will be webcast live and can be accessed at the company's website at vareximaging.com/news. Investors can also access this conference call at 877-524-8416 from anywhere in the U.S. or 412-902-1028 from non-U.S. locations. The webcast of this call will be archived on the company's website and a replay of the call will be available from August 2nd through August 16th at 877-6

Varex Imaging Corporation (NASDAQ:VREX) today announced its unaudited financial results for the second quarter of fiscal year 2022. 2QFY22 Summary Revenues $215 million GAAP gross margin 33% | Non-GAAP gross margin* 34% GAAP operating expense $44 million | Non-GAAP operating expense* $41 million GAAP operating margin 12% | Non-GAAP operating margin* 15% GAAP net earnings $0.18 per diluted share | Non-GAAP net earnings* $0.37 per diluted share "We continued to see robust demand for our products in the second quarter of fiscal 2022 and achieved sales of $215 million despite ongoing supply chain constraints," said Sunny Sanyal, Chief Executive Officer of Varex. Sanyal added, "Stro

Varex Imaging Corporation (NASDAQ:VREX) today announced that it will report unaudited financial results for the second quarter of fiscal year 2022 following the close of regular trading on Tuesday, May 3, 2022. The earnings news release will be followed by a conference call at 3:00 pm Mountain Time that day. This call will be webcast live and can be accessed at the company's website at vareximaging.com/news. Investors can also access this conference call at 877-524-8416 from anywhere in the U.S. or 412-902-1028 from non-U.S. locations. The webcast of this call will be archived on the company's website and a replay of the call will be available from May 3rd through May 17th at 877-660-6853

Varex Imaging Corporation (NASDAQ:VREX) today announced its unaudited financial results for the first quarter of fiscal year 2022. 1QFY22 Summary Revenues $199 million GAAP gross margin 33% | Non-GAAP gross margin* 34% GAAP operating expense $51 million | Non-GAAP operating expense* $44 million GAAP operating margin 7% | Non-GAAP operating margin* 11% GAAP net earnings $0.03 per diluted share | Non-GAAP net earnings* $0.25 per diluted share "Demand for our products remained strong in the first quarter of fiscal 2022, but supply chain constraints limited our ability to fulfill orders as planned. This resulted in quarterly revenue of $199 million, which was below our expectations

Varex Imaging Corporation (NASDAQ:VREX) today announced that it will report unaudited financial results for the first quarter of fiscal year 2022 following the close of regular trading on Tuesday, February 8, 2022. The earnings news release will be followed by a conference call at 3:00 pm Mountain Time that day. This call will be webcast live and can be accessed at the company's website at investors.vareximaging.com. Investors can also access this conference call at 877-524-8416 from anywhere in the U.S. or 412-902-1028 from non-U.S. locations. The webcast of this call will be archived on the company's website and a replay of the call will be available from February 8th through February 22

Varex Imaging Corporation (NASDAQ:VREX) today announced its unaudited financial results for the fourth quarter of fiscal year 2021. 4QFY21 Summary Revenues $226 million GAAP gross margin 33% | Non-GAAP gross margin* 34% GAAP operating expense $49 million | Non-GAAP operating expense* $45 million GAAP operating margin 12% | Non-GAAP operating margin* 14% GAAP net earnings $0.20 per diluted share | Non-GAAP net earnings* $0.45 per diluted share FY21 Summary Revenues $818 million GAAP gross margin 33% | Non-GAAP gross margin* 35% GAAP operating expense $197 million | Non-GAAP operating expense* $181 million GAAP operating margin 9% | Non-GAAP operating margin* 13% GAAP n

Varex Imaging Corporation (NASDAQ:VREX) today announced that it will report unaudited financial results for the fourth quarter and full fiscal year 2021 following the close of regular trading on Tuesday, November 16, 2021. The earnings news release will be followed by a conference call at 3:00 pm Mountain Time that day. This call will be webcast live and can be accessed at the company's website at investors.vareximaging.com. Investors can also access this conference call at 877-524-8416 from anywhere in the U.S. or 412-902-1028 from non-U.S. locations. The webcast of this call will be archived on the company's website and a replay of the call will be available from November 16th through No

Varex Imaging Corporation (NASDAQ:VREX) today announced its unaudited financial results for the third quarter of fiscal year 2021. 3QFY21 Summary Revenues $211 million GAAP gross margin 35% | Non-GAAP gross margin* 36% GAAP operating expense $48 million | Non-GAAP operating expense* $46 million GAAP operating margin 12% | Non-GAAP operating margin* 14% GAAP net earnings $0.29 per diluted share | Non-GAAP net earnings* $0.40 per diluted share "Sales momentum continued in the third quarter of fiscal 2021 with revenues reaching $211 million, driven by demand in both the Medical and Industrial segments," said Sunny Sanyal, Chief Executive Officer of Varex. Sanyal added, "Higher sal

Varex Imaging Corporation (NASDAQ:VREX) today announced that it will report unaudited financial results for the third quarter of fiscal year 2021 following the close of regular trading on Tuesday, August 3, 2021. The earnings news release will be followed by a conference call at 3:00 pm Mountain Time that day. This call will be webcast live and can be accessed at the company's website at investors.vareximaging.com. Investors can also access this conference call at 877-524-8416 from anywhere in the U.S. or 412-902-1028 from non-U.S. locations. The webcast of this call will be archived on the company's website and a replay of the call will be available from August 3rd through August 17th at

Varex Imaging Corporation (NASDAQ:VREX) today announced its unaudited financial results for the second quarter of fiscal year 2021. 2QFY21 Summary Revenues $204 million GAAP gross margin 32% | Non-GAAP gross margin* 35% GAAP operating expense $49 million | Non-GAAP operating expense* $45 million GAAP operating margin 8% | Non-GAAP operating margin* 13% GAAP net earnings $0.08 per diluted share | Non-GAAP net earnings* $0.35 per diluted share "Financial results for the second quarter of fiscal year 2021 were stronger than our expectations and exceeded pre-COVID revenue levels. Driving this was continued strong global CT tube sales and higher sales of industrial digital detectors

SALT LAKE CITY--(BUSINESS WIRE)--Varex Imaging Corporation (Nasdaq: VREX) today announced its unaudited financial results for the first quarter of fiscal year 2021. 1QFY21 Summary Revenues $177 million GAAP gross margin 32% | Non-GAAP gross margin* 34% GAAP operating expense $51 million | Non-GAAP operating expense* $46 million GAAP operating margin 3% | Non-GAAP operating margin* 8% GAAP net earnings $(0.16) per diluted share | Non-GAAP net earnings* $0.08 per diluted share “Our financial results for the first quarter of fiscal year 2021 were stronger than our expectations,” said Sunny Sanyal, Chief Executive Officer of Varex. “Revenues increased 4% sequentially ove