secwatch.observer — SEC 8-K summary
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Issuer:     Varex Imaging Corp (VREX)
CIK:        0001681622
Form:       8-K
Filed at:   2021-11-16T23:59:59+00:00
Accession:  0001681622-21-000097
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Varex reports record Q4 revenue $226M; Non-GAAP EPS $0.45; guides Q1 FY22 rev $200-220M
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- Q4 FY21 revenue $226M (record), up 7% sequentially and 33% YoY; Non-GAAP EPS $0.45 vs GAAP $0.20.
- FY21 revenue $818M, Non-GAAP EPS $1.31 vs GAAP $0.43; gross margin 33% GAAP, 35% Non-GAAP.
- Q1 FY22 guidance: revenue $200-220M, Non-GAAP EPS $0.20-0.40.
- Q4 cash from operations $51M; cash and equivalents $145M; completed $30M bond redemption during quarter.
- Strong demand in Medical and Industrial segments amid supply chain challenges.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1681622/000168162221000097/0001681622-21-000097-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1681622/000168162221000097/vrex-20211116.htm
  HTML page:      https://secwatch.observer/filing/0001681622-21-000097

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer