Varex Imaging Corp
For the period ended Dec 29, 2023. Filed Feb 6, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 29, 2023 · Filed Feb 6, 2024
VREX$18.450.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
| Three Months Ended | ||
|---|---|---|
| (In millions, except per share amounts) | December 29, 2023 | December 30, 2022 |
| Revenues, net | $190.0 | $205.6 |
| Cost of revenues | 132.9 | 142.3 |
| Gross profit | 57.1 | 63.3 |
| Operating expenses: | ||
| Research and development | 20.5 | 20.0 |
| Selling, general, and administrative | 32.4 | 30.3 |
| Total operating expenses | 52.9 | 50.3 |
| Operating income | 4.2 | 13.0 |
| Interest income | 1.9 | 0.5 |
| Interest expense | (7.3) | (7.5) |
| Other income (expense), net | 0.6 | (0.6) |
| Interest and other expense, net | (4.8) | (7.6) |
| (Loss) income before taxes | (0.6) | 5.4 |
| Income tax (benefit) expense | (0.2) | 2.2 |
| Net (loss) income | (0.4) | 3.2 |
| Less: Net income attributable to noncontrolling interests | 0.1 | 0.1 |
| Net (loss) income attributable to Varex | $(0.5) | $3.1 |
| Net (loss) income per common share attributable to Varex | ||
| Basic | $(0.01) | $0.08 |
| Diluted | $(0.01) | $0.08 |
| Weighted average common shares outstanding | ||
| Basic | 40.6 | 40.1 |
| Diluted | 40.6 | 40.6 |
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