Varex Imaging Corp
For the period ended Jan 3, 2025. Filed Feb 6, 2025.
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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.
Jan 3, 2025 · Filed Feb 6, 2025
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) | January 3, 2025 | December 29, 2023 |
| Revenues, net | $199.8 | $190.0 |
| Cost of revenues | 131.3 | 132.9 |
| Gross profit | 68.5 | 57.1 |
| Operating expenses: | ||
| Research and development | 23.5 | 20.5 |
| Selling, general, and administrative | 33.8 | 32.4 |
| Total operating expenses | 57.3 | 52.9 |
| Operating income | 11.2 | 4.2 |
| Interest income | 2.1 | 1.9 |
| Interest expense | (8.0) | (7.3) |
| Other (expense) income, net | (2.8) | 0.6 |
| Interest and other expense, net | (8.7) | (4.8) |
| Income (loss) before taxes | 2.5 | (0.6) |
| Income tax expense (benefit) | 2.6 | (0.2) |
| Net loss | (0.1) | (0.4) |
| Less: Net income attributable to noncontrolling interests | 0.2 | 0.1 |
| Net loss attributable to Varex | $(0.3) | $(0.5) |
| Net loss per common share attributable to Varex | ||
| Basic | $(0.01) | $(0.01) |
| Diluted | $(0.01) | $(0.01) |
| Weighted average common shares outstanding | ||
| Basic | 41.1 | 40.6 |
| Diluted | 41.1 | 40.6 |
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