Varex Imaging reports mixed Q2 results

2020 02 12 21 24 5679 Varex Rsna 2019 400

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.

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