secwatch / observer

Varex Imaging Corp — fact timeline

Source-grounded facts extracted from Varex Imaging Corp's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

VREX Varex Imaging Corp JSON
Earnings Releases

Varex Imaging Corp reported third quarter of fiscal year 2026 results: revenue between $210 million and $225 million, EPS Non-GAAP net earnings per diluted share is expected to be between $0.15 and $0.30. Guidance initiated.

“Guidance for the third quarter of fiscal year 2026 is as follows: • Revenues are expected to be between $210 million and $225 million • Non-GAAP net earnings per diluted share is expected to be between $0.15 and $0.30”
Earnings Releases

Varex Imaging Corp reported second quarter fiscal year 2026 results: revenue $216 million, EPS GAAP net loss $0.19 per diluted share | Non-GAAP net income* $0.21 per diluted share. Guidance reaffirmed.

“CITY, May 7, 2026 – Varex Imaging Corporation (Nasdaq: VREX) today announced its unaudited financial results for the second quarter fiscal year 2026. Q2FY26 Summary • Revenues $216 million • GAAP gross margin 34% | Non-GAAP gross margin* 34% • GAAP operating margin 7% | Non-GAAP operating margin* 9% • GAAP net loss $0.19 per diluted share | Non-GAAP net income*”
Debt Financings

Varex Imaging Corp incurred credit facility of $350,000,000 with Zions Bancorporation, N.A. dba Zions First National Bank at SOFR plus a margin or an alternative base rate plus a margin maturing March 13, 2031.

“and UMB Bank, N.A. as joint lead arrangers (the “Credit Agreement”). The Credit Agreement provides for (i) a secured term loan facility in an aggregate principal amount of $350,000,000, (ii) a secured revolving credit facility in an aggregate principal amount of $100,000,000, which includes a $35,000,000 letter of credit sub‐facility and a $20,000,000 swingline”
Material Agreements

Varex Imaging Corp terminated Revolving Credit and Guaranty Agreement with Zions Bancorporation, N.A. dba Zions First National Bank valued at Terminated senior secured revolving credit facility of up to $155,000,000 (effective 2026-03-13).

“Substantially concurrently with the closing of the Credit Agreement, on March 13, 2026, the Company terminated its Revolving Credit and Guaranty Agreement, dated as of March 26, 2024, by and among the Company, Varex Imaging West, LLC, Varex Imaging Deutschland AG, as borrowers, the guarantors party thereto, Zions Bancorporation, N.A. dba Zions First National Bank, as administrative and collateral agent, and the lenders party thereto (as amended, the “Terminated Credit Agreement”).”
Material Agreements

Varex Imaging Corp terminated 2027 Notes Indenture with Computershare Trust Company, N.A. valued at Satisfied and discharged $368,000,000 aggregate principal amount of outstanding 7.875% Senior Secure (effective 2026-03-13).

“The 2027 Notes were issued pursuant to a Senior Secured Notes Indenture, dated as of September 30, 2020, among the Company, as issuer, the guarantors party thereto, Computershare Trust Company, N.A. (as successor to Wells Fargo Bank, National Association), as trustee and collateral agent (the “Trustee”) (as amended and supplemented, the “2027 Notes Indenture”).”
Material Agreements

Varex Imaging Corp entered into Credit and Guaranty Agreement with Zions Bancorporation, N.A. dba Zions First National Bank valued at Secured term loan facility of $350,000,000; secured revolving credit facility of $100,000,000 with $ (effective 2026-03-13).

“On March 13, 2026, Varex Imaging Corporation (the “Company”) and certain of its subsidiaries entered into a Credit and Guaranty Agreement with, among others, the lenders and issuing banks from time to time party thereto, Zions Bancorporation, N.A. dba Zions First National Bank, as administrative agent and collateral agent, Citizens Banks, National Association and Bank of Montreal as co-documentation agents, Zions Bancorporation, N.A. dba Zions First National Bank, as lead arranger and sole bookrunner, and U.S. Bank National Association, Capital One, N.A., Fifth Third Bank, National Association and UMB Bank, N.A. as joint lead arrangers (the “Credit Agreement”).”
Earnings Releases

Varex Imaging Corp reported three and six months ended March 29, 2024 (second quarter of fiscal year 2024) results: revenue $206 million, net income GAAP net earnings $0.03 per diluted share; Non-GAAP net earnings $0.16 per diluted share. Guidance lowered.

“May 2, 2024 – Varex Imaging Corporation (Nasdaq: VREX) today announced its unaudited financial results for the second quarter of fiscal year 2024. 2QFY24 Summary • Revenues $206 million • GAAP gross margin 32% | Non-GAAP gross margin* 33% • GAAP operating margin 4% | Non-GAAP operating margin* 6% • GAAP net earnings $0.03 per diluted share | Non-GAAP net”
Debt Financings

Varex Imaging Corp incurred revolving credit of up to $155 million with Zions Bancorporation, N.A. DBA Zions First National Bank at SOFR plus 2.00% to 2.75% maturing September 26, 2027.

“agent, the lenders named therein, the issuing banks named therein, and Zions, as lead arranger and bookrunner, providing for a senior secured revolving credit facility of up to $155 million (the “ Credit Facility ”). Simultaneous with its entry into the Credit Facility, the Company terminated its senior secured asset-based revolving credit agreement, dated as of”
Material Agreements

Varex Imaging Corp terminated Senior Secured Asset-Based Revolving Credit Agreement with Bank of America N.A. valued at Terminated (effective 2024-03-26).

“Simultaneous with its entry into the Credit Facility, the Company terminated its senior secured asset-based revolving credit agreement, dated as of September 30, 2020, with Bank of America N.A., as administrative and collateral agent, and the lenders named therein, providing for the asset-backed lending facility (the “ Existing Credit Facility ”).”
Material Agreements

Varex Imaging Corp entered into Senior Secured Revolving Credit Agreement with Zions Bancorporation, N.A. DBA Zions First National Bank valued at $155 million (effective 2024-03-26).

“On March 26, 2024 , Varex Imaging Corporation (the “ Company ”), Varex Imaging West, LLC (“ VI West ”) and Varex Imaging Deutschland AG (the “ German Borrower ” and together with the Company and VI West, the “ Borrowers ”) and certain guarantors party thereto (the “ Guarantors ”) entered into a senior secured revolving credit agreement, dated as of March 26, 2024 (the “ Credit Agreement ”) with Zions Bancorporation, N.A. DBA Zions First National Bank (“ Zions ”), as administrative and collateral agent, the lenders named therein, the issuing banks named therein, and Zions, as lead arranger and bookrunner, providing for a senior secured revolving credit facility of up to $155 million (the “ Credit Facility ”).”
Shareholder Votes

Varex Imaging Corp shareholders approved Ratification of Deloitte & Touche LLP as independent registered public accounting firm for fiscal year 2024 at the 2024-02-08 meeting.

“The Company’s stockholders ratified the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for fiscal year 2024:”
Shareholder Votes

Varex Imaging Corp shareholders approved Approval of Varex Imaging Corporation 2020 Omnibus Stock Plan, as Amended and Restated at the 2024-02-08 meeting.

“The Company’s stockholders approved the Varex Imaging Corporation 2020 Omnibus Stock Plan, as Amended and Restated as described in the Proxy Statement:”
Shareholder Votes

Varex Imaging Corp shareholders approved Advisory vote on compensation of named executive officers at the 2024-02-08 meeting.

“The Company’s stockholders approved, on an advisory basis, the compensation of the Company’s named executive officers as disclosed in the Proxy Statement:”
Shareholder Votes

Varex Imaging Corp shareholders approved Election of Directors at the 2024-02-08 meeting.

“The Company’s stockholders elected Kathleen L. Bardwell, Jocelyn D. Chertoff, Timothy E. Guertin, Jay K. Kunkel, Walter M Rosebrough, Jr., Sunny S. Sanyal and Christine A. Tsingos to serve as directors until the 2025 Annual Meeting of Stockholders:”
Earnings Releases

Varex Imaging Corp reported first quarter of fiscal year 2024 results: revenue $190 million.

“Revenue of $190 million in the first quarter of fiscal 2024, was at the mid-point of our guidance, however unfavorable mix in both the Medical and Industrial segments impacted profitability.”
Earnings Releases

Varex Imaging Corp reported three months ended December 29, 2023 results: revenue $190 million.

“February 6, 2024 – Varex Imaging Corporation (Nasdaq: VREX) today announced its unaudited financial results for the first quarter of fiscal year 2024. 1QFY24 Summary • Revenues $190 million • GAAP gross margin 30% | Non-GAAP gross margin* 31% • GAAP operating margin 2% | Non-GAAP operating margin* 5% • GAAP net loss $0.01 per diluted share | Non-GAAP net earnings*”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.