{"schema_version":"secwatch.filing_event.v1","accession":"0001681622-22-000088","form_type":"8-K","ticker":"VREX","cik":"0001681622","company_name":"Varex Imaging Corp","filed_at":"2022-11-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:51.696570+00:00","generated_at":"2026-06-21T18:36:05.457193+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Varex reports record Q4 revenue of $231M; non-GAAP EPS $0.42, guides Q1 $195-215M","bullets":["Record Q4 revenue $231M (up 8% seq., 2% YoY); FY22 record revenue $859M.","GAAP EPS $0.32; non-GAAP EPS $0.42 diluted (FY22: $0.73 GAAP, $1.43 non-GAAP).","Operating cash flow $17M; cash & securities $113M at year-end.","Q1 FY2023 guidance: revenue $195M-$215M, non-GAAP EPS $0.10-$0.30.","Medical flat YoY, Industrial +9% YoY; supply chain improving."],"urls":{"canonical":"https://secwatch.observer/filing/0001681622-22-000088","json":"https://secwatch.observer/filing/0001681622-22-000088.json","markdown":"https://secwatch.observer/filing/0001681622-22-000088.md","text":"https://secwatch.observer/filing/0001681622-22-000088.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1681622/000168162222000088/0001681622-22-000088-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1681622/000168162222000088/vrex-20221115.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T18:36:05.457193+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"513fa0fd4085993066ef9d99f550912fe82dbe33","claim":"Varex Imaging Corp reported fiscal year 2022 results: revenue $859 million, EPS GAAP net earnings $0.73 per diluted share.","evidence_excerpt":"FY22 Summary • Record revenues of $859 million • GAAP gross margin 33% | Non-GAAP gross margin* 34% • GAAP operating expense $195 million | Non-GAAP operating expense* $179 million • GAAP operating margin 10% | Non-GAAP operating margin* 13% • GAAP net earnings $0.73 per diluted share | Non-GAAP net earnings* $1.43 per diluted share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1681622/000168162222000088/0001681622-22-000088-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal year 2022"},{"label":"Revenue","value":"$859 million"},{"label":"EPS","value":"GAAP net earnings $0.73 per diluted share"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"},{"claim_id":"94fc6ab742137adceb131f3eae55893180e1b645","claim":"Varex Imaging Corp reported the fourth quarter of fiscal year 2022 results: revenue $231 million, EPS GAAP net earnings $0.32 per diluted share.","evidence_excerpt":"Q4 FY22 Summary • Record revenues of $231 million • GAAP gross margin 32% | Non-GAAP gross margin* 33% • GAAP operating expense $50 million | Non-GAAP operating expense* $47 million • GAAP operating margin 11% | Non-GAAP operating margin* 13% • GAAP net earnings $0.32 per diluted share | Non-GAAP net earnings* $0.42 per diluted share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1681622/000168162222000088/0001681622-22-000088-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter of fiscal year 2022"},{"label":"Revenue","value":"$231 million"},{"label":"EPS","value":"GAAP net earnings $0.32 per diluted share"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"},{"claim_id":"e85f0469f1bf5b0b6efca5814fb5880c9e120ec3","claim":"Varex Imaging Corp reported the first quarter of fiscal year 2023 results: revenue between $195 million and $215 million, EPS between $0.10 and $0.30. Guidance initiated.","evidence_excerpt":"The following guidance is provided for the first quarter of fiscal year 2023: • Revenues are expected to be between $195 million and $215 million • Non-GAAP net earnings per diluted share is expected to be between $0.10 and $0.30","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1681622/000168162222000088/0001681622-22-000088-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter of fiscal year 2023"},{"label":"Revenue","value":"between $195 million and $215 million"},{"label":"EPS","value":"between $0.10 and $0.30"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}