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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.
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 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