Recap: Varex Imaging Q1 Earnings

Varex Imaging VREX reported its Q1 earnings results on Tuesday, February 6, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Varex Imaging missed estimated earnings by 45.45%, reporting an EPS of $0.06 versus an estimate of $0.11.

Revenue was down $15.60 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.1 which was followed by a 0.82% drop in the share price the next day.

Here's a look at Varex Imaging's past performance:

Quarter Q4 2023 Q3 2023 Q2 2023 Q1 2023
EPS Estimate 0.35 0.33 0.18 0.20
EPS Actual 0.45 0.37 0.26 0.21
Revenue Estimate 232.33M 229.90M 215.13M 205.35M
Revenue Actual 227.40M 232.20M 228.20M 205.60M

To track all earnings releases for Varex Imaging visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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