earnings
confidence high
sentiment neutral
materiality 0.70
Varex Q3 revenue $203M beats guidance; GAAP loss $(2.15), non-GAAP profit $0.18
Varex Imaging Corp
2025-Q3 EPS reported
-$2.00
revenue$615,700,000
- Revenue of $203M down 3% YoY but above high-end guidance; Industrial segment up 1% to $61M, Medical down 4% to $142M.
- GAAP net loss of $(2.15) per diluted share; non-GAAP net earnings of $0.18 per diluted share, up from $0.14 YoY.
- Cash flow from operations $8M; cash and securities $153M down from $226M prior quarter due to Convertible Notes paydown.
- Q4 FY2025 guidance: revenue $210M-$230M, non-GAAP EPS $0.10-$0.30.
- CEO expects fiscal 2025 sales growth of ~3%, citing strong cargo inspection and healthy demand in both segments.
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