| Market Capitalization (Millions $) |
788 |
| Shares
Outstanding (Millions) |
43 |
| Employees |
2,400 |
| Revenues (TTM) (Millions $) |
865 |
| Net Income (TTM) (Millions $) |
23 |
| Cash Flow (TTM) (Millions $) |
-51 |
| Capital Exp. (TTM) (Millions $) |
23 |
Business Description
Varex Imaging Corporation is a global medical technology company that specializes in the design and production of advanced X-ray components, imaging software, and products for diagnostics, surgical, and industrial applications. The company's mission is to improve people's lives by providing innovative solutions in medical and industrial imaging.
Varex Imaging was founded in 2017 as a spin-off from Varian Medical Systems, Inc., a leading radiation therapy company. The company is headquartered in Salt Lake City, Utah, USA, and has operations in North America, Europe, and Asia. Varex Imaging is organized into two business segments, healthcare and industrial, which serve different markets with different product offerings.
The healthcare segment offers a wide range of X-ray imaging components, including X-ray tubes, digital detectors, and image processing software. These components are used in diagnostic imaging systems such as CT scanners, mammography units, and radiography equipment. The healthcare segment also offers services such as technical support, training, and maintenance.
The industrial segment offers X-ray imaging components and systems for non-destructive testing (NDT) and security applications. These products are used to inspect materials and components for defects, detect explosives and other contraband, and provide security screening in airports and other public places. The industrial segment also offers custom solutions for specific NDT and security applications.
Varex Imaging is known for its technological innovation and commitment to quality. The company invests heavily in research and development to improve the performance, reliability, and safety of its products. It also works closely with customers and partners to understand their needs and develop customized solutions.
Varex Imaging has a strong reputation in the healthcare and industrial imaging markets, and is a trusted supplier to many leading equipment manufacturers and service providers. The company has won numerous awards for its products and services, and has a loyal customer base that values its expertise and dedication to quality.
Company Address: 1678 S. Pioneer Road Salt Lake City 84104 UT
Company Phone Number: 972-5000 Stock Exchange / Ticker: NASDAQ VREX
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108.74 %