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Varex Imaging CorporationVREX
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Overview >
Market Cap
315.42M
Revenue (ttm)
820.80M
Net Income (ttm)
-47.50M
Shares Out
41.23M
EPS (ttm)
-1.17
PE Ratio
n/a
Forward PE
11.47
Dividend
n/a
Ex-Dividend Date
n/a
Volume
195,068
Open
7.66
Previous Close
7.74
Day's Range
7.42 - 7.71
52-Week Range
7.33 - 17.75
Beta
0.65
Analysts
Strong Buy
Price Target
22.50 (+194.12%)
Earnings Date
May 1, 2025
Description >

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.

This segment's products are used in a range of applications, including CT, mammography, oncology, cardiac, surgery, dental, and other diagnostic radiography uses.

The Industrial segment designs, develops, manufactures, sells, and services Linatron X-ray linear accelerators, X-ray tubes, digital detectors, high voltage connectors, and coolers for use in security and inspection applications, such as baggage screening at airports, cargo screening at ports and borders, and nondestructive testing, irradiation, and inspection in various applications.

The company sells its products through imaging system original equipment manufacturers, independent service companies, and distributors, as well as directly to end-users.

It has operations in North America, South America, Europe, Russia, the Middle East, India, Africa, Asia, and Australia.

Varex Imaging Corporation was incorporated in 2016 and is headquartered in Salt Lake City, Utah.

Latest News >
Sector Update: Health Care Stocks Rise Tuesday Afternoon
Sector Update: Health Care Stocks Rise Tuesday Afternoon
Jun 4, 2024
01:50 PM EDT, 06/04/2024 (MT Newswires) -- Health care stocks rose Tuesday afternoon with the NYSE Health Care Index adding 0.4% and the Health Care Select Sector SPDR Fund (XLV) up 0.2%. The iShares Biotechnology ETF (IBB) was little changed, erasing earlier losses. In corporate news, Amarin ( AMRN ) shares fell 12%. Patrick Holt resigned as chief executive officer...
Sector Update: Financial Stocks Slide Tuesday Afternoon
Sector Update: Financial Stocks Slide Tuesday Afternoon
Jun 4, 2024
01:45 PM EDT, 06/04/2024 (MT Newswires) -- Financial stocks fell in Tuesday afternoon trading with the NYSE Financial Index dropping 1% and the Financial Select Sector SPDR Fund (XLF) off 0.6%. The Philadelphia Housing Index declined 2%, and the Real Estate Select Sector SPDR Fund (XLRE) rose 1.2%. Bitcoin (BTC-USD) climbed 1.7% to $70,394, and the yield for 10-year US...
Sector Update: Consumer Stocks Mixed in Afternoon Trading
Sector Update: Consumer Stocks Mixed in Afternoon Trading
Jun 4, 2024
01:43 PM EDT, 06/04/2024 (MT Newswires) -- Consumer stocks were mixed Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.9% and the Consumer Discretionary Select Sector SPDR Fund (XLY) down less than 0.1%. In economic news, Redbook US same-store sales growth slowed to 5.8% from a year ago during the week ended June 1 from a...
Sector Update: Tech Stocks Slipping Tuesday Afternoon
Sector Update: Tech Stocks Slipping Tuesday Afternoon
Jun 4, 2024
01:45 PM EDT, 06/04/2024 (MT Newswires) -- Tech stocks were declining Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) decreasing 0.2% and the SPDR S&P Semiconductor ETF (XSD) down 1.9%. The Philadelphia Semiconductor index shed 1.4%. In corporate news, CoreWeave has made an offer to buy Core Scientific ( CORZ ) for $5.75 per share, Bloomberg reported Tuesday....
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