Business
Varex Announces Financial Results for Second Quarter Fiscal Year 2026
SALT LAKE CITY, May 07, 2026--Varex Imaging Corporation (Nasdaq: VREX) today announced its unaudited financial results for the second quarter fiscal year 2026.
About this update from Varex Imaging Corporation
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":2448,"height":568,"url":"https://media.zenfs.com/en/business-wire.com/f479ac94a1c1e652b83e7a3bbfb08248"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/ZM_F8ulC8GYdZ7d4i2ndlw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTIyMw--/https://media.zenfs.com/en/business-wire.com/f479ac94a1c1e652b83e7a3bbfb08248","width":960,"height":223},"resize_sm":{"url":"https://s.yimg.com/ny/api/res/1.2/5xaNvFXDDFZc.lSDSk473g--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTE0OA--/https://media.zenfs.com/en/business-wire.com/f479ac94a1c1e652b83e7a3bbfb08248","width":640,"height":148},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/iRJh8QI5njQPzQoXLLFzvA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTI0MDA7aD01NTY-/https://media.zenfs.com/en/business-wire.com/f479ac94a1c1e652b83e7a3bbfb08248","width":1200,"height":278}},"lazy":false},{"type":"text","content":"SALT LAKE CITY, May 07, 2026--(BUSINESS WIRE)--Varex Imaging Corporation (Nasdaq: VREX) today announced its unaudited financial results for the second quarter fiscal year 2026.","length":176,"tagName":"p"},{"type":"text","content":"Q2FY26 Summary","length":14,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenues $216 million","length":21,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"GAAP gross margin 34% | Non-GAAP gross margin* 34%","length":50,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"GAAP operating margin 7% | Non-GAAP operating margin* 9%","length":56,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"GAAP net loss $0.19 per diluted share | Non-GAAP net income* $0.21 per diluted share","length":84,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Cash outflows from operations of $2 million","length":43,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":254,"olType":false},{"type":"text","content":""Demand remained solid in the second quarter, with continued momentum across both our Medical and Industrial businesses driven by global CT, cargo systems and photon counting detectors," said Sunny Sanyal, Chief Executive Officer. Sanyal added, "As we move into the second half of fiscal 2026, we are encouraged by favorable demand trends across both Medical and Industria...