Varex Announces Financial Results for Third Quarter Fiscal Year 2026
Varex reported Q3 fiscal 2026 revenue of $211 million, up 4% year-over-year, with GAAP EPS of $0.37 compared to a prior-year loss. Non-GAAP gross margin expanded to 37% from 34% a year ago, driven by strong growth in Industrial revenue which reached $77 million, and a $10 million gross profit boost from tariff-related items.
Key figures
- Eps
- 0.37
- Revenue
- 211000000
- Guidance
- No guidance provided due to pending transaction with Teledyne
- Revenue Yoy
- 4%
- Non gaap eps
- 0.31
- Medical revenue
- 134000000
- Operating income
- 22800000
- Industrial revenue
- 77000000
- Operating cash flow
- 21000000
AI analysis
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