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10.08.26 - 13:06
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Varex Announces Financial Results for Third Quarter Fiscal Year 2026 (Business Wire)
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SALT LAKE CITY--(BUSINESS WIRE)--Varex Imaging Corporation (Nasdaq: VREX) today announced its unaudited financial results for the third quarter fiscal year 2026.
Q3FY26 Summary
Revenues $211 million
GAAP gross margin 36% | Non-GAAP gross margin* 37%
GAAP operating margin 11% | Non-GAAP operating margin* 12%
GAAP net income $0.37 per diluted share | Non-GAAP net income* $0.31 per diluted share
Cash flow from operations of $21 million
"Third-quarter product sales before the IEEPA-related customer reimbursement adjustment were approximately $217 million, reflecting strong growth in Industrial and continued expansion in cargo and vehicle inspection systems,” said Sunny Sanyal, Chief Executive Officer. “The quarter also included the recovery of tariffs that had increased our product costs in prior periods. We generated $21 million of operating cash flow and enter the fourth quarter with continued momentum.”
During the quarter, Varex received refunds totaling $17 million from U.S. Customs related to ...
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10.08.26 - 13:00
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Teledyne to Acquire Varex Imaging Corporation (Business Wire)
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THOUSAND OAKS, Calif. & SALT LAKE CITY--(BUSINESS WIRE)--Teledyne Technologies Incorporated (NYSE:TDY) (“Teledyne”) and Varex Imaging Corporation (NASDAQ:VREX) (“Varex”) jointly announced today that they have entered into a definitive agreement under which Teledyne will acquire all of the outstanding common shares of Varex for $18.90 per share payable in cash. The aggregate value for the transaction is approximately $1.1 billion, taking into account Varex's equity awards and net debt as of April 3, 2026. The transaction was unanimously approved by the Boards of Directors of Teledyne and Varex.
For decades, Varex has pioneered the development of X-ray sources and digital X-ray detectors, and also provides high-voltage interconnects and imaging software to global OEM manufacturers. Varex's X-ray tubes, flat panel and photon counting detectors, and connect and control accessories are used in medical diagnostic imaging, non-destructive inspection, security and vehicle inspection systems, and analysi...
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27.07.26 - 14:06
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Varex Schedules Third Quarter Fiscal Year 2026 Earnings Release and Conference Call (Business Wire)
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SALT LAKE CITY--(BUSINESS WIRE)--Varex Imaging Corporation (Nasdaq: VREX) today announced that it will report unaudited financial results for the third quarter of fiscal year 2026, following the close of regular trading on Monday, August 10, 2026. The earnings news release will be followed by a conference call at 3:00 pm Mountain Time that day.This call will be webcast live and can be accessed at the company's website at www.vareximaging.com/investor-relations/. Investors can also access this conference call at 877-524-8416 from anywhere in the U.S. or 412-902-1028 from non-U.S. locations. The webcast of this call will be archived on the company's website and a replay of the call will be available from August 10th through August 24th at 877-660-6853 from anywhere in the U.S. or 201-612-7415 from non-U.S. locations. The replay conference call access code is 13761894. The listen-only webcast link is: https://event.choruscall.com/mediaframe/webcast.html?webcastid=iR00AugA.About VarexVarex Imaging Corporati...
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30.04.26 - 17:15
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Are Investors Undervaluing VAREX IMAGING (VREX) Right Now? (Zacks)
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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks....
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22.04.26 - 15:06
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Varex Schedules Second Quarter Fiscal Year 2026 Earnings Release and Conference Call (Business Wire)
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SALT LAKE CITY--(BUSINESS WIRE)--Varex Imaging Corporation (Nasdaq: VREX) today announced that it will report unaudited financial results for the second quarter of fiscal year 2026, following the close of regular trading on Thursday, May 7, 2026. The earnings news release will be followed by a conference call at 3:00 pm Mountain Time that day.
This call will be webcast live and can be accessed at the company's website at www.vareximaging.com/investor-relations/. Investors can also access this conference call at 877-524-8416 from anywhere in the U.S. or 412-902-1028 from non-U.S. locations. The webcast of this call will be archived on the company's website and a replay of the call will be available from May 7th through May 21st at 877-660-6853 from anywhere in the U.S. or 201-612-7415 from non-U.S. locations. The replay conference call access code is 13760146. The listen-only webcast link is: https://event.choruscall.com/mediaframe/webcast.html?webcastid=yalsKXji
About Varex
Varex Imaging Corporation is ...
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16.03.26 - 13:36
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Varex Announces Successful Completion of Debt Refinancing (Business Wire)
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SALT LAKE CITY--(BUSINESS WIRE)--Varex Imaging Corporation (Nasdaq: VREX) today announced it has entered into a Credit and Guaranty Agreement (the “Credit Agreement”), dated as of March 13, 2026, which includes a secured term loan facility in aggregate principal amount of $350 million, a secured revolving credit facility in aggregate principal amount of $100 million and a secured delayed draw term loan facility in aggregate principal amount of $40 million (collectively, the “Credit Facility”), providing for aggregate commitments of $490 million and maturing on March 13, 2031. Zions Bancorporation, N.A. (“Zions”) acted as lead arranger and bookrunner for the new Credit Facility and will act as the administrative agent and collateral agent. In connection with the closing, Varex irrevocably deposited funds with the trustee to redeem its $368 million aggregate principal amount of outstanding 7.875% Senior Secured Notes due 2027, with the redemption to occur on March 16, 2026. Varex also terminated...
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