Varex Imaging Corporation(VREX)

POST13.800.10+0.73%19:59 EST
13.70+0.04+0.29%

Market data delayed 15 minutes

    • AI Earnings
      ·
      2023-08-02

      Varex Imaging Corporation(VREX) 2023Q2 Earnings Summary

      Bullish Points: 1. Net income for the quarter ended June 30, 2023 increased to $9.1 million from $8.2 million in the same period last year. 2. Revenues for the quarter ended June 30, 2023 increased to $232.2 million from $214.5 million in the same period last year. 3. Gross profit for the quarter ended June 30, 2023 increased to $76.3 million from $73.4 million in the same period last year. 4. Operating income for the quarter ended June 30, 2023 increased to $24.2 million from $23.0 million in the same period last year. 5. Cash and cash equivalents increased by $29.1 million to $118.5 million, and marketable securities increased by $17.3 million to $34.0 million. Bearish Points: 1. Estimated environmental liability for cleanup sites increased from $1.1 million to $4.2 million, net of expec
      Varex Imaging Corporation(VREX) 2023Q2 Earnings Summary
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    • Company Profile

      Company Name
      Varex Imaging Corporation
      Market
      NASDAQ
      Establishment Date
      - -
      Employees
      - -
      Office Location
      - -
      Zip Code
      - -
      Phone
      - -
      Fax
      - -
      Introduction
      Varex Imaging Corporation designs, manufactures, and sells X-ray imaging components. The company operates through two segments, Medical and Industrial. The Medical segment designs, manufactures, sells, and services X-ray imaging components comprising X-ray tubes, digital detectors, high voltage connectors, image-processing software and workstations, 3D reconstruction and computer-aided diagnostic software, collimators, automatic exposure control devices, generators, heat exchangers, ionization chambers, and buckys. This segment's products are used in a range of applications, including radiographic and fluoroscopic imaging, mammography, computed tomography, oncology, CT, cardiac, surgery, dental, computer-aided detection, and other diagnostic radiography uses. The Industrial segment designs, manufactures, sells, and services Linatron X-ray accelerators, X-ray tubes, digital detectors, and high voltage connectors for use in security and inspection applications, such as airport security, cargo screening at ports and borders, and nondestructive testing and examination in various applications. The company sells its products through imaging system original equipment manufacturers, independent service companies, and distributors, as well as directly to end-users. It has operations in North America, South America, Europe, Russia, the Middle East, India, Africa, Asia, and Australia. Varex Imaging Corporation was incorporated in 2016 and is headquartered in Salt Lake City, Utah.
    • 1D
    • 5D
    • Day
    • Week
    • Month
    High
    13.84
    Open
    13.80
    Volume%
    0.87
    Low
    13.59
    Close
    13.66
    T/O Rate
    1.08%
     
     
     
     

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