secwatch.observer — SEC 8-K summary
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Issuer:     Varex Imaging Corp (VREX)
CIK:        0001681622
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001681622-26-000051
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Varex Q2 revenue $216M (+1% YoY), GAAP EPS -$0.19; guides FY26 rev $860-880M, non-GAAP EPS $0.80-1.00
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- Revenue $216M (+1% YoY); Medical $156M, Industrial $60M.
- GAAP net loss $0.19/diluted share; Non-GAAP net income $0.21/diluted share.
- Non-GAAP gross margin 34% (down from 36% YoY); cash outflows ops $2M; cash $88M (down from $155M).
- FY26 guidance: revenue $860-880M, non-GAAP EPS $0.80-1.00; Q3FY26 rev $210-225M, non-GAAP EPS $0.15-0.30.
- CEO cites momentum in CT, cargo, photon counting detectors; tariff refunds not assumed in guidance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1681622/000168162226000051/0001681622-26-000051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1681622/000168162226000051/vrex-20260507.htm
  HTML page:      https://secwatch.observer/filing/0001681622-26-000051

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer