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Varex Imaging Q3 2023 Earnings Report

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$11.52 -0.50 (-4.16%)
As of 04:00 PM Eastern

Varex Imaging EPS Results

Actual EPS
$0.37
Consensus EPS
$0.33
Beat/Miss
Beat by +$0.04
One Year Ago EPS
$0.20

Varex Imaging Revenue Results

Actual Revenue
$232.20 million
Expected Revenue
$228.57 million
Beat/Miss
Beat by +$3.63 million
YoY Revenue Growth
+8.30%

Varex Imaging Announcement Details

Quarter
Q3 2023
Time
After Market Closes

Conference Call Resources

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Varex Imaging Earnings Headlines

Two Unmistakable Patterns Return…
The signs suggest we're entering one of those rare periods now. That's why Central Banks are buying gold at record pace. Why massive amounts of gold are being moved between countries. Why governments are repositioning their gold reserves. But here's what most people miss, the second pattern: During these resets, a unique anomaly appears in certain gold mining stocks. I call it the "Golden Anomaly."
Varex Imaging price target lowered to $23 from $30 at Oppenheimer
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About Varex Imaging

Varex Imaging (NASDAQ:VREX) designs, manufactures, and sells X-ray imaging components. The company operates through two segments, Medical and Industrial. The Medical segment designs, manufactures, sells, and services X-ray imaging components, comprising X-ray tubes, digital detectors and accessories, ionization chambers, high voltage connectors, image-processing software and workstations, 3D reconstruction software, computer-aided diagnostic software, collimators, automatic exposure control devices, generators, and heat exchangers. This segment's products are used in a range of applications, including CT, mammography, oncology, cardiac, surgery, dental, and other diagnostic radiography uses. The Industrial segment designs, develops, manufactures, sells, and services Linatron X-ray linear accelerators, X-ray tubes, digital detectors, high voltage connectors, and coolers for use in security and inspection applications, such as baggage screening at airports, cargo screening at ports and borders, and nondestructive testing, irradiation, and inspection in various applications. The company sells its products through imaging system original equipment manufacturers, independent service companies, and distributors, as well as directly to end-users. It has operations in North America, South America, Europe, Russia, the Middle East, India, Africa, Asia, and Australia. Varex Imaging Corporation was incorporated in 2016 and is headquartered in Salt Lake City, Utah.

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