Varex Announces Financial Results for Second Quarter Fiscal Year 2021
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/19/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- SanDisk stock rallies on AI optimism and Fed relief
Varex Imaging (VREX) PT Raised to $42 at Oppenheimer
May 5, 2021 6:31 AM EDTOppenheimer analyst Suraj Kalia raised the price target on Varex Imaging (NASDAQ: VREX) to $42.00 (from $41.00) while maintaining an Outperform rating.
The analyst commented, "Varex's F2Q21 revenue rose 15% sequentially, to $204M, back to pre-COVID-19 levels ($200M/quarter), handily beating both our $185M,... More
Varex Imaging Corporation (VREX) Tops Q2 EPS by 19c, Revenues Beat; Offers 3Q Revenues Guidance Above Consensus, 3Q EPS Mid-Point View Above Consensus
May 4, 2021 4:30 PM EDTVarex Imaging Corporation (NASDAQ: VREX) reported Q2 EPS of $0.35, $0.19 better than the analyst estimate of $0.16. Revenue for the quarter came in at $204 million versus the consensus estimate of $186.1 million.
2QFY21 Summary
Revenues $204 millionGAAP gross margin 32% | Non-GAAP gross margin* 35%GAAP operating expense $49 million | Non-GAAP... More