Varex Imaging Corporation (VREX) Misses Q1 EPS by 3c
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Varex Announces Financial Results for First Quarter Fiscal Year 2022
February 8, 2022 4:05 PM ESTSALT LAKE CITY--(BUSINESS WIRE)-- Varex Imaging Corporation (Nasdaq: VREX) today announced its unaudited financial results for the first quarter of fiscal year 2022.
1QFY22 Summary
Revenues $199 million GAAP gross margin 33% | Non-GAAP gross margin* 34% GAAP operating expense $51 million | Non-GAAP operating expense* $44 million GAAP operating margin 7% | Non-GAAP operating margin* 11% GAAP net earnings $0.03 per diluted share | Non-GAAP net earnings* $0.25 per diluted shareDemand for our products remained strong in the first quarter of fiscal 2022, but supply chain constraints limited our ability to fulfill... More
