Varex Imaging reports mixed financial results in Q3

By AuntMinnie.com staff writers

August 3, 2022 -- Digital x-ray company Varex Imaging reported a slight increase in revenues and a drop in income for the third quarter of 2022.

For the quarter (end-July 1), Varex reported total revenues of $214 million, a 2% increase from the $211 million reported in the same quarter of 2021. Compared with the third quarter of fiscal year 2021, medical segment revenues were flat, and the industrial segment was up 8%.

The company's net income for the third quarter of 2022 was $8.4 million, a decrease from the $12.2 million reported during the same period in 2021.


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