Varex Imaging reports Q1 EPS 7c, consensus 4c

Reports Q1 revenue $199.8M, consensus $202.2M. Sunny Sanyal, CEO, stated, “Demand in the first quarter was solid, with both Medical and Industrial revenue up year-over-year. Favorable sales mix and productivity gains across both segments resulted in higher than expected profitability and earnings per share.” Sanyal added, “We expect to see continued solid demand across both segments in the second quarter of fiscal 2025.”