Earnings ·
Varex Imaging Corporation reported preliminary third-quarter fiscal 2026 results with revenues of $211 million, a 4%…
VREXVarex Imaging Corp
Varex Imaging Corporation reported preliminary third-quarter fiscal 2026 results with revenues of $211 million, a 4% year-over-year increase. GAAP diluted net income was $0.37 per share, while non-GAAP diluted net income was $0.31 per share, compared to $0.13 in the prior-year quarter. The company generated $21 million in operating cash flow and holds $99 million in cash and marketable securities. Management noted strong growth in Industrial segments and recovery of tariffs via a $17 million refund from U.S. Customs. Varex has cancelled its earnings conference call due to an announced transaction with Teledyne Technologies Incorporated and will not provide financial guidance for the quarter. Varex Imaging Corporation is a leading innovator, designer, and manufacturer of X-ray imaging components and systems for medical, industrial, and security applications.