Varex Imaging Corporation (VREX) CEO Sunny Sanyal on Q2 2020 Results - Earnings Call Transcript

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Q2: 2020-05-12 Earnings Summary

EPS of $0.12 misses by $0.23
 | Revenue of $197.00M (0.61% Y/Y) misses by $2.90M

Varex Imaging Corporation (NASDAQ:VREX) Q2 2020 Earnings Conference Call May 12, 2020 5:00 PM ET

Company Representatives

Sunny Sanyal - President, Chief Executive Officer
Clarence Verhoef - Chief Financial Officer
Howard Goldman - Director of Investor Relations

Conference Call Participants

Anthony Petrone - Jefferies
Larry Solow - CJS Securities
Suraj Kalia - Oppenheimer
Mark Strouse - JP Morgan
Jim Sidoti - Sidoti & Company

Operator

Greetings! And welcome to Varex Imaging Corporation, Second Quarter Fiscal Year 2020 Earnings Conference 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.

It is now my pleasure to introduce your host, Howard Goldman, Director of Investor Relations. Thank you. You may begin.

Howard Goldman

Good afternoon, and welcome to Varex Imaging Corporation’s earnings conference call for the second quarter of fiscal year 2020. 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 quarter are comparisons to the second quarter of fiscal year 2020 versus the second quarter of fiscal year 2019.

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.

Please be advised that during this call we will be making forward-looking statements, which are predictions or projections about future events. These statements are based on current expectations and assumptions that are subject to risks and uncertainties that could cause actual results to differ materially from those anticipated.

Additional information concerning

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