** X-Ray imaging maker Varex's VREX.O shares fall 19.8% to $12.20
** On Thursday, co forecast Q2 adj profit to be between 5 cents/shr and 20 cents/shr, midpoint of which is below analysts' est of 14 cents/shr- LSEG
** Co forecast Q2 rev to be between $200 million and $215 million, vs analysts' estimates $203.6 million — LSEG
** Co posted Q1 rev of $200 million, missing analysts' est of $202 million
** However, co reported Q1 adj profit of 7 cents/shr, above analysts' est of 4 cents/shr
** Stock fell 42% in 2024
(Reporting by Padmanabhan Ananthan in Bengaluru)
((Padmanabhan.Ananthan@thomsonreuters.com))
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