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Apr 01, 2022
Varex Imaging Q2 2022 Earnings Report
Announced financial results for the second quarter of fiscal year 2022.
Key Takeaways
Varex Imaging Corporation reported revenues of $215 million for the second quarter of fiscal year 2022. The company's GAAP net earnings were $0.18 per diluted share, while non-GAAP net earnings were $0.37 per diluted share. Revenues increased 8% sequentially, with the Medical segment up 10% and the Industrial segment increasing 3% from the first quarter of fiscal year 2022.
Revenues were $215 million.
GAAP gross margin was 33%, and non-GAAP gross margin was 34%.
GAAP operating margin was 12%, and non-GAAP operating margin was 15%.
GAAP net earnings were $0.18 per diluted share, and non-GAAP net earnings were $0.37 per diluted share.
Revenue by Segment
Forward Guidance
The following guidance is provided for the third quarter of fiscal year 2022: Revenues are expected to be between $190 million and $220 million and Non-GAAP net earnings per diluted share is expected to be between $0.10 and $0.30
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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