Varex Imaging Corporation (VREX) CEO Sunny Sanyal on Q2 2019 Results - Earnings Call Transcript

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Q2: 2019-05-07 Earnings Summary

EPS of $0.34 beats by $0.01
 | Revenue of $195.80M (-2.68% Y/Y) beats by $1.04M

Varex Imaging Corporation (NASDAQ:VREX) Q2 2019 Earnings Conference Call May 7, 2019 5:00 PM ET

Company Participants

Howard Goldman - Director, IR
Sunny Sanyal - President & CEO
Clarence Verhoef - CFO

Conference Call Participants

Anthony Petrone - Jefferies
Larry Solow - CJS Securities
Mark Strouse - JPMorgan
Suraj Kalia - Northland Securities
Jim Sidoti - Sidoti & Company

Operator

Greetings, and welcome to Varex Imaging Corporation Second Quarter Fiscal Year 2019 Earnings Call.

At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

I would now like to turn the conference over to your host, Mr. Howard Goldman, Director of Investor Relations. Thank you, Mr. Goldman. You may now begin.

Howard Goldman

Good afternoon, and welcome to Varex Imaging Corporation's earnings conference call for the second quarter of fiscal year 2019. With me today are Sunny Sanyal, our President and CEO; and Clarence Verhoef, our CFO. To simplify our discussion, unless otherwise stated, all references to the quarter are fiscal quarters. Quarterly comparisons are for the second quarter of fiscal year 2019 versus the second quarter of fiscal year 2018 unless stated otherwise.

On today's call, we will discuss certain non-GAAP financial measures. These adjusted measures are not presented in accordance with, nor are they a substitute for GAAP financial measures. We provided a reconciliation of each adjusted financial measure to the most directly comparable GAAP financial measure in our earnings press release, which is posted on our website.

Guidance for our net earnings per diluted share is provided on an adjusted basis only. This adjusted financial measure is forward-looking and we are unable to provide a meaningful or accurate compilation of reconciling items to guidance for GAAP net earnings per diluted

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