Varex Imaging reports mixed Q2 results

By AuntMinnie.com staff writers

May 13, 2020 -- Radiology components supplier Varex Imaging reported an increase in revenue, but the company slipped into a net loss for its 2020 second quarter.

The company posted revenues of $197 million, a 0.5% increase from $195.8 million for the same period in 2019. Revenue from Varex's medical segment increased 4% to $155.4 million, compared with $148.9 million in the second quarter last year.

The company's net loss for the second quarter was $1.9 million, compared with net income of $5.8 million in the prior year's quarter.


Copyright © 2020 AuntMinnie.com
 

To read this and get access to all of the exclusive content on AuntMinnie.com create a free account or sign-in now.

Member Sign In:
MemberID or Email Address:  
Do you have a AuntMinnie.com password?
No, I want a free membership.
Yes, I have a password:  
Forgot your password?
Sign in using your social networking account:
Sign in using your social networking
account: