Varex Imaging Sees Q2 EPS $0.10-$0.30 Vs $0.21 Est.; Revenue $195M-$215M Vs $206.87M Est.

Outlook

The following guidance is provided for the second quarter of fiscal year 2024:

• Revenues are expected to be between $195 million and $215 million
• Non-GAAP net earnings per diluted share is expected to be between $0.10 and $0.30

Guidance for the company's net earnings per diluted share is provided on a non-GAAP basis only. This non-GAAP financial measure is forward-looking, and the company is unable to provide a meaningful or accurate reconciliation to a GAAP forecast of net earnings per diluted share without unreasonable effort due to certain of these reconciling items being uncertain, out of our control, and the amount and timing of these items being unable to be reasonably predicted. The actual amounts of such reconciling items could have a significant impact on the company's GAAP net income (loss) per diluted share.