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Jan 03, 2020
Varex Imaging Q1 2020 Earnings Report
Reported strong revenue growth driven by higher global sales of CT tubes and products for oncology, dental and airport baggage screening applications.
Key Takeaways
Varex Imaging Corporation announced an 8% increase in revenues for the first quarter of fiscal year 2020, reaching $200 million compared to $186 million in the prior year quarter. The growth was driven by strong sales in CT tubes and products for oncology, dental, and airport baggage screening applications.
Revenues for the first quarter of fiscal year 2020 increased 8% to $200 million compared to $186 million in the prior year quarter.
Medical segment revenues increased 8% to $156 million.
Industrial segment revenues increased 6% to $44 million.
Net earnings for the first quarter of fiscal year 2020 were $(0.03) per diluted share compared to $0.08 per diluted share in the prior year quarter.
Revenue by Segment
Forward Guidance
No forward guidance was given in this report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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