Varex Imaging Corporation (VREX) Tops Q4 EPS by 6c, Revenues Beat; Offers 1Q EPS/Revenue Guidance
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Varex Announces Financial Results for Fourth Quarter and Fiscal Year 2020
November 17, 2020 4:01 PM ESTSALT LAKE CITY--(BUSINESS WIRE)-- Varex Imaging Corporation (Nasdaq: VREX) today announced its unaudited financial results for the fourth quarter and fiscal year 2020.
4QFY20 Summary
Revenues were $170 million GAAP gross margin was 27% | non-GAAP gross margin* was 28% GAAP operating expense was $58 million | non-GAAP operating expense* was $48 million GAAP operating margin was (8%) | non-GAAP operating margin* was 0% GAAP net loss was $0.66 per diluted share | non-GAAP net loss* was $0.04 per diluted shareFY20 Summary
Revenues were $738 million GAAP gross margin was 26% | non-GAAP... More