Varex Imaging Corp

For the period ended Apr 4, 2025. Filed May 8, 2025.

About this filing

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.

Apr 4, 2025 · Filed May 8, 2025

VREX$18.450.0%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Operations

	Three Months Ended		Six Months Ended
(In millions, except per share amounts)	April 4, 2025	March 29, 2024	April 4, 2025	March 29, 2024
Revenues, net	$212.9	$206.2	$412.7	$396.2
Cost of revenues	136.2	140.4	267.5	273.3
Gross profit	76.7	65.8	145.2	122.9
Operating expenses:
Research and development	22.0	22.6	45.5	43.1
Selling, general, and administrative	32.6	35.5	66.4	67.9
Total operating expenses	54.6	58.1	111.9	111.0
Operating income	22.1	7.7	33.3	11.9
Interest income	2.9	1.8	5.0	3.7
Interest expense	(10.2)	(7.9)	(18.2)	(15.2)
Other (expense) income, net	(4.0)	0.7	(6.8)	1.3
Interest and other expense, net	(11.3)	(5.4)	(20.0)	(10.2)
Income before taxes	10.8	2.3	13.3	1.7
Income tax expense	3.7	0.7	6.3	0.5
Net income	7.1	1.6	7.0	1.2
Less: Net income attributable to noncontrolling interests	0.2	0.2	0.4	0.3
Net income attributable to Varex	$6.9	$1.4	$6.6	$0.9
Net income per common share attributable to Varex
Basic	$0.17	$0.03	$0.16	$0.02
Diluted	$0.17	$0.03	$0.16	$0.02
Weighted average common shares outstanding
Basic	41.4	40.7	41.2	40.6
Diluted	51.2	41.2	41.6	41.1

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.