Varex Imaging (NASDAQ:VREX) reported its Q1 earnings results on Tuesday, February 6, 2024 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Varex Imaging missed estimated earnings by 45.45%, reporting an EPS of $0.06 versus an estimate of $0.11.
Revenue was down $15.60 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.1 which was followed by a 0.82% drop in the share price the next day.
Here's a look at Varex Imaging's past performance:
| Quarter | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.35 | 0.33 | 0.18 | 0.20 |
| EPS Actual | 0.45 | 0.37 | 0.26 | 0.21 |
| Revenue Estimate | 232.33M | 229.90M | 215.13M | 205.35M |
| Revenue Actual | 227.40M | 232.20M | 228.20M | 205.60M |
To track all earnings releases for Varex Imaging visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.