Varex Announces Financial Results for Third Quarter of Fiscal Year 2020
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Varex Imaging Corporation (VREX) Misses Q3 EPS by 19c
August 12, 2020 4:08 PM EDTVarex Imaging Corporation (NASDAQ: VREX) reported Q3 EPS of ($0.20), $0.19 worse than the analyst estimate of ($0.01). Revenue for the quarter came in at $171 million versus the consensus estimate of $171.09 million.
3QFY20 Summary
Revenues were $171 millionGAAP gross margin was 15% | non-GAAP gross margin* was 26%GAAP operating earnings margin was (15.7)% | non-GAAP operating earnings margin* was (0.7)%GAAP net loss was ($0.73) per diluted share | non-GAAP net loss* was ($0.20) per diluted... More