Varex Imaging Q4 Non-GAAP EPS, Revenue Decrease; Issues Q1 Outlook

MT Newswires Live
2024-11-20

Varex Imaging (VREX) reported Q4 non-GAAP earnings Tuesday of $0.19 per diluted share, down from $0.45 a year earlier.

Four analysts polled by Factset expected $0.09.

Revenue for the quarter ended Sept. 27 was $205.7 million, down from $227.4 million a year earlier.

Four analysts surveyed by Factset expected $198.6 million.

The company said it expects Q1 non-GAAP EPS between a per-share loss of $0.05 and earnings of $0.10 per share. It expects revenue to be between $195 million and $215 million.

Two analysts polled by Factset expect earnings of $0.04 per share. Two analysts expect revenue of $186.5 million.

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