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Dec 31, 2021
Varex Imaging Q1 2022 Earnings Report
Announced financial results for the first quarter of fiscal year 2022
Key Takeaways
Varex Imaging Corporation reported a quarterly revenue of $199 million, which was below expectations due to supply chain constraints. Non-GAAP EPS was $0.25, and the cash balance reached $158 million at quarter end.
Revenues $199 million
GAAP gross margin 33%
GAAP operating margin 7%
GAAP net earnings $0.03 per diluted share
Varex Imaging
Varex Imaging
Varex Imaging Revenue by Segment
Revenue by Segment
Medical Segment Revenue
CapyFin.comIndustrial Segment Revenue
CapyFin.com Forward Guidance
The following guidance is provided for the second quarter of fiscal year 2022: •Revenues are expected to be between $190 million and $220 million •Non-GAAP net earnings per diluted share is expected to be between $0.15 and $0.40
Positive Outlook
- Revenues are expected to be between $190 million and $220 million
- Non-GAAP net earnings per diluted share is expected to be between $0.15 and $0.40
Revenue & Expenses
Visualization of income flow from segment revenue to net income