secwatch.observer — SEC 8-K summary
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Issuer:     Varex Imaging Corp (VREX)
CIK:        0001681622
Form:       8-K
Filed at:   2023-08-01T23:59:59+00:00
Accession:  0001681622-23-000063
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Varex reports record Q3 revenue of $232M, up 8% YoY; non-GAAP EPS $0.37
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- Revenue $232M (record), up 8% YoY; Medical segment $175M (+5%), Industrial $57M (+20%).
- GAAP EPS $0.21/diluted; non-GAAP EPS $0.37/diluted; non-GAAP gross margin 34% (above expectations).
- Cash flow from operations $38M; cash & equivalents up $30M sequentially to $152M.
- Q4 FY23 guidance: revenue $220M-$240M, non-GAAP EPS $0.20-$0.40 per diluted share.
- CEO cites continued strength in Industrial segment and improved inventory management.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1681622/000168162223000063/0001681622-23-000063-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1681622/000168162223000063/vrex-20230801.htm
  HTML page:      https://secwatch.observer/filing/0001681622-23-000063

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