Varex Imaging Non-GAAP EPS of $0.42 beats by $0.06, revenue of $231.4M beats by $8.12M

Nov. 15, 2022 4:14 PM ETVarex Imaging Corporation (VREX)By: Pranav Ghumatkar, SA News Editor
  • Varex Imaging press release (NASDAQ:VREX): Q4 Non-GAAP EPS of $0.42 beats by $0.06.
  • Revenue of $231.4M (+2.3% Y/Y) beats by $8.12M.
  • Non-GAAP gross margin* 33%; Non-GAAP operating margin* 13%.
  • Cash, cash equivalents and marketable securities finished the quarter and fiscal year at $113 million.
  • Q1 2023 Outlook: Revenues are expected to be between $195 million and $215 million
  • Non-GAAP net earnings per diluted share is expected to be between $0.10 and $0.30.
  • Shares +2.45%.

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