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Varex Imaging Corporation  (VREX)
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Price: $17.2900 $0.09 0.523%
Day's High: $17.39 Week Perf: 0.06 %
Day's Low: $ 17.09 30 Day Perf: -10.28 %
Volume (M): 303 52 Wk High: $ 23.90
Volume (M$): $ 5,239 52 Wk Avg: $19.83
Open: $17.21 52 Wk Low: $16.72



 Market Capitalization (Millions $) 702
 Shares Outstanding (Millions) 41
 Employees 2,100
 Revenues (TTM) (Millions $) 877
 Net Income (TTM) (Millions $) 45
 Cash Flow (TTM) (Millions $) 60
 Capital Exp. (TTM) (Millions $) 26

Varex Imaging Corporation
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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Varex Imaging Corporation

Varex Imaging Corporation: Rebounding from a Resilient Slump, Strong Growth Ahead

The latest financial results for Varex Imaging Corporation have raised concerns among investors and analysts on Wall Street, as the company slipped into a deficit in the October to December 29, 2023 period. Lower turnover has led to vanishing revenue and a larger deficit, with earnings per share dropping to $-0.01 and revenue decreasing by -8.025% year on year.
The Electronic Instruments & Controls industry as a whole saw a top-line growth in the first quarter of 2024, but Varex Imaging Corporation's performance stands in contrast to this trend. The company's net deficit for the period was $-0.400 million, a significant drop from the net earnings of $3.200 million in the same quarter the previous year.

Varex Imaging Corporation

Varex Imaging Corporation Sees Bright Future Ahead with Strong Earnings Boosted by $31 Million Tax Refund



Varex Imaging Corporation (VREX) recently released its financial results for the fiscal year ending September 29, 2023. While the company experienced a decline in revenue, there were certain positive aspects, such as an increase in earnings per share (EPS) and profits. Despite the challenges faced, VREX remains optimistic about its improving profit margins and future prospects. This article will analyze the facts and examine how these results may impact the company going forward.
Revenue and EPS Performance:
In the fiscal year ending September 29, 2023, VREX reported a decline in revenue by -1.772% to $227.30 million, compared to the previous year. However, amidst this decrease, the company managed to raise its EPS, with profits up by 22.67% to $0.40 per share. This indicates that VREX has effectively managed its costs and increased profitability, despite the revenue dip.

Varex Imaging Corporation

Varex Imaging Corp: Outshining Rivals Amid Dwindling Industry with 8.252% Q3 Revenue Surge



Varex Imaging Corporation, a leader in the Electronic Instruments & Controls industry, has displayed robust financial results in the third quarter of 2023. With a noteworthy increase in revenue and net income, the company has surpassed industry standards and stands out as a beacon of success within a struggling market. This article will explore the implications of Varex Imaging Corporation's recent performance and analyze how these factors may impact the company going forward.
1. Revenue Growth:
Varex Imaging Corporation witnessed a remarkable increase in revenue for the fiscal period ending June 30, 2023. The company's revenues surged by 8.252% to reach an impressive $232.20 million compared to $214.50 million in the prior year quarter. This growth showcases the company's ability to thrive even amidst a challenging economic landscape.






 

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