Varex Imaging (NASDAQ:VREX) Announces Quarterly Earnings Results, Beats Estimates By $0.03 EPS

Varex Imaging (NASDAQ:VREX) released its quarterly earnings results on Thursday. The company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.03, Zacks reports. Varex Imaging had a positive return on equity of 3.85% and a negative net margin of 5.88%. Varex Imaging updated its Q2 2025 guidance to 0.050-0.200 EPS.

Varex Imaging Price Performance

Shares of VREX traded up $0.63 during trading hours on Thursday, reaching $15.20. 673,770 shares of the stock traded hands, compared to its average volume of 410,828. The company has a current ratio of 3.32, a quick ratio of 1.97 and a debt-to-equity ratio of 0.72. The company’s 50-day moving average price is $14.57 and its two-hundred day moving average price is $13.37. The company has a market cap of $626.70 million, a P/E ratio of -12.99 and a beta of 0.62. Varex Imaging has a 52-week low of $10.19 and a 52-week high of $18.50.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded Varex Imaging from a “buy” rating to a “hold” rating in a research note on Thursday, January 30th.

About Varex Imaging

Varex Imaging Corporation designs, manufactures, and sells X-ray imaging components. The company operates through two segments, Medical and Industrial. The Medical segment designs, manufactures, sells, and services X-ray imaging components, comprising X-ray tubes, digital detectors and accessories, ionization chambers, high voltage connectors, image-processing software and workstations, 3D reconstruction software, computer-aided diagnostic software, collimators, automatic exposure control devices, generators, and heat exchangers.