Varex Imaging reports Q3 EPS 18c, consensus 4c

Reports Q3 revenue $203M, consensus $190.3M. Sunny Sanyal, CEO, stated, “We are pleased to report that third quarter revenue of $203 million was above the high-end of our guidance. Our Industrial segment remained strong in the quarter and Medical revenue in China was better than our expectations.” Sanyal added, “We are encouraged by the continued adoption of our systems in cargo inspection applications. Additionally, we expect a healthy demand environment for both Medical and Industrial segments to drive sales growth of approximately 3% for fiscal year 2025.”