earnings
confidence high
sentiment neutral
materiality 0.60
Varex Q2 FY2022 revenue $215M, non-GAAP EPS $0.37; guides Q3 revenue $190-220M
Varex Imaging Corp
2022-Q2 EPS reported
$0.21
revenue$413,500,000
- Revenue $215M, +8% sequentially and +6% YoY; Medical segment +9% YoY, Industrial -6% YoY.
- GAAP EPS $0.18; non-GAAP EPS $0.37, up from $0.25 in prior quarter.
- Cash from operations -$8M; cash down $43M to $115M after $27M note redemption.
- Q3 FY2022 guidance: revenue $190-220M, non-GAAP EPS $0.10-0.30.