Varex Imaging Corporation (VREX) CEO Sunny Sanyal on Q4 2020 Results - Earnings Call Transcript

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Q4: 2020-11-17 Earnings Summary

EPS of -$0.04 beats by $0.06
 | Revenue of $170.00M (-16.01% Y/Y) beats by $7.90M

Varex Imaging Corporation (NASDAQ:VREX) Q4 2020 Results Conference Call November 17, 2020 5:00 PM ET

Company Participants

Howard Goldman - Director of Investor Relations
Sunny Sanyal - President, Chief Executive Officer
Sam Maheshwari - Chief Financial Officer

Conference Call Participants

Anthony Petrone - Jefferies
Larry Solow - CJS Securities
Suraj Kalia - Oppenheimer & Company
Jim Sidoti - Sidoti & Company

Operator

Greetings! Welcome to Varex Imaging Corporation’s Fourth Quarter and Fiscal Year Full 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] Please note this conference is being recorded.

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

Howard Goldman

Thank you. You may begin. Good afternoon, and welcome to Varex Imaging Corporation's earnings conference call for the fourth quarter and fiscal year 2020. With me today are Sunny Sanyal, our President and CEO; and Sam Maheshwari, our CFO.

To simplify our discussion, unless otherwise stated, all references to the quarter after the fourth quarter of fiscal year 2020. In addition, unless otherwise stated, quarterly comparisons are made sequentially from the fourth quarter of fiscal year 2020 to the third quarter of fiscal year 2020 rather than to the same quarter of the prior year.

On today's call, we will discuss certain non-GAAP financial measures. These non-GAAP measures are not presented in accordance with, nor are they a substitute for GAAP financial measures. We provided a reconciliation of each non-GAAP 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

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