earnings
confidence high
sentiment neutral
materiality 0.55
Varex reports Q3 FY2022 revenue $214M, GAAP EPS $0.20; board adds Kathleen Bardwell
Varex Imaging Corp
2022-Q3 EPS reported
$0.41
revenue$628,000,000
- Revenue $214M, flat QoQ and +2% YoY; Medical segment flat, Industrial +8% YoY.
- GAAP diluted EPS $0.20; non-GAAP diluted EPS $0.37; non-GAAP gross margin 35%.
- Q4 FY2022 guidance: revenue $210M-$240M, non-GAAP EPS $0.25-$0.45.
- Board appointed Kathleen L. Bardwell, former STERIS SVP Regulatory Affairs & Compliance, effective July 29, 2022.