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Varex Imaging Corporation (VREX)
NASDAQ:VREX
Earnings Data
Report Date
Feb 10, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.13Last Year’s EPS
0.07Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The earnings call highlighted strong revenue growth and record performance in the industrial segment, along with advancements in new technologies and improved gross margins. However, these positives were offset by a decline in cash reserves, a significant non-cash goodwill impairment charge, and a GAAP net loss for the fiscal year.Company Guidance
Strong Fourth Quarter Revenue
Fourth quarter revenue reached $229 million, up 11% year over year, and at the high end of guidance, driven by strong demand from global CT customers and the industrial segment.
Record Industrial Segment Performance
The industrial segment posted its highest revenue quarter ever at $77 million, a 25% increase year over year, contributing 34% to total revenues, the highest in the company's history.
Non-GAAP Earnings Growth
Non-GAAP earnings per share in the fourth quarter was $0.37, up $0.21 compared to last year, and for the full year, non-GAAP EPS was $0.90, up $0.35.
Gross Margin Improvement
Non-GAAP gross margin for the fourth quarter was 34%, 130 basis points higher than the same quarter last year.
Advancements in New Technologies
Progress in key growth initiatives, including photon counting for CT and ramping up production of radiographic detectors in India.
VREX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
VREX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Nov 18, 2025 | $11.86 | $10.24 | -13.66% |
Aug 07, 2025 | $7.81 | $9.48 | +21.38% |
May 08, 2025 | $8.65 | $6.88 | -20.46% |
Feb 06, 2025 | $15.20 | $12.27 | -19.28% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Varex Imaging Corporation (VREX) report earnings?
Varex Imaging Corporation (VREX) is schdueled to report earning on Feb 10, 2026, After Close (Confirmed).
What is Varex Imaging Corporation (VREX) earnings time?
Varex Imaging Corporation (VREX) earnings time is at Feb 10, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is VREX EPS forecast?
VREX EPS forecast for the fiscal quarter 2026 (Q1) is 0.13.