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Varex Imaging Corp - VREX STOCK NEWS

Welcome to our dedicated page for Varex Imaging news (Ticker: VREX), a resource for investors and traders seeking the latest updates and insights on Varex Imaging stock.

Varex Imaging Corporation (Nasdaq: VREX) is the world’s largest independent supplier of medical X-ray tubes and image processing solutions. With a mission to be the leader in imaging components by delivering high-quality products that enable customer success, Varex Imaging serves a variety of industries, from medical imaging to cargo screening and border security.

Core Business: Varex Imaging operates in two main segments: Medical and Industrial. The Medical segment, the key revenue driver, designs, manufactures, sells, and services a range of X-ray imaging components such as X-ray tubes, digital flat panel image detectors, high voltage connectors, ionization chambers, and buckys. The Industrial segment focuses on components like Linatron X-ray accelerators, digital flat panel detectors, and high voltage connectors. These components are integral to X-ray imaging systems used worldwide for diagnosis, detection, and protection.

Recent Achievements and Projects: Varex Imaging has an extensive catalog of innovative and cost-effective X-ray imaging solutions. The company conducts manufacturing, research, and development operations in the United States, Europe, the Philippines, and China, with sales and service operations globally. Varex's commitment to innovation is evident through its continual development of high-voltage connectors, X-ray collimators, ionization chambers, and mammography paddles, among others.

Financial and Partnerships: Varex Imaging has solidified its position in the market through strategic partnerships and a robust financial outlook. The company's products help their customers become world-class system suppliers by harnessing the power of X-ray energy to pioneer advances in various applications.

Overall, Varex Imaging Corporation stands out as a key player in the imaging components industry, driving advancements that benefit both medical and industrial applications.

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Varex Imaging Corporation (VREX) will report unaudited financial results for Q1 of fiscal year 2024 on February 6, 2024, followed by a conference call. The webcast and replay details are available on the company's website. Investors can access the call from the U.S. and non-U.S. locations.
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Varex Imaging Corporation (VREX) to Present at CJS Securities 24th Annual New Ideas for the New Year Virtual Conference
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Varex Imaging Corporation (Nasdaq: VREX) to participate in two investor conferences, including the 6th Annual Evercore ISI HealthCONx Conference and Mizuho Medical Devices & Healthcare Services Summit 2023. Details available on Varex's website.
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Varex Imaging Corporation (Nasdaq: VREX) announced unaudited financial results for Q4 FY23, reporting $227M in revenues, GAAP gross margin of 34%, Non-GAAP gross margin of 36%, and more. The company's revenues decreased 2% sequentially from Q3 FY23, with Medical segment down 7% and Industrial segment up 12%. Cash flow from operations was $47M for Q4 FY23. The company provided guidance for Q1 FY24 with revenues expected between $180M and $200M and Non-GAAP net income per diluted share expected between $0.00 and $0.20.
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Varex Imaging Corporation will report unaudited financial results for Q4 and full fiscal year 2023 on November 14, 2023. A conference call will follow at 3:00 pm MT. Webcast and replay details provided.
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Varex Imaging to present at Sidoti Small Cap Virtual Conference on September 20, 2023
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FAQ

What is the current stock price of Varex Imaging (VREX)?

The current stock price of Varex Imaging (VREX) is $12.84 as of March 3, 2025.

What is the market cap of Varex Imaging (VREX)?

The market cap of Varex Imaging (VREX) is approximately 531.1M.

What does Varex Imaging Corporation do?

Varex Imaging Corporation designs and manufactures X-ray imaging components used in medical, industrial, cargo screening, and border security applications.

What are the main segments of Varex Imaging’s business?

Varex Imaging operates in two main segments: Medical and Industrial.

Where are Varex Imaging’s operations located?

Varex Imaging conducts manufacturing, research, and development operations in the United States, Europe, the Philippines, and China.

What products does Varex Imaging manufacture?

Varex Imaging manufactures X-ray tubes, digital flat panel detectors, high voltage connectors, ionization chambers, X-ray collimators, and more.

What industries use Varex Imaging’s products?

Industries such as medical imaging, cargo screening, and border security use Varex Imaging’s products.

How does Varex Imaging contribute to innovation?

Varex Imaging develops innovative and cost-effective X-ray imaging solutions, maintaining an extensive catalog of components for various applications.

What is the mission of Varex Imaging Corporation?

Varex Imaging's mission is to be the world’s leader in imaging components through the delivery of high-quality products that enable customer success.

Which segment is the key revenue driver for Varex Imaging?

The Medical segment is the key revenue driver for Varex Imaging Corporation.

Who are the customers of Varex Imaging?

Customers include X-ray imaging system manufacturers in medical, industrial, and security sectors.

What are some recent achievements of Varex Imaging?

Recent achievements include the development of high-voltage connectors, X-ray collimators, ionization chambers, and mammography paddles.
Varex Imaging Corp

Nasdaq:VREX

VREX Rankings

VREX Stock Data

531.06M
40.50M
4.97%
99.12%
3.81%
Medical Devices
Electronic Components, Nec
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United States
SALT LAKE CITY