Earnings call transcript: Varex Imaging beats Q1 2026 EPS forecast
#Varex Imaging #Earnings Per Share #EPS beat #Medical technology #First quarter results #Fiscal 2026 #Industrial imaging
📌 Key Takeaways
- Varex Imaging exceeded analyst earnings per share (EPS) expectations for the first quarter of fiscal 2026.
- The company's success was attributed to internal operational efficiencies and cost-management strategies.
- Growth in the dental and oncology imaging sectors helped offset weaker performance in legacy product lines.
- Management maintains a cautiously optimistic outlook for the 2026 fiscal year despite global economic uncertainties.
📖 Full Retelling
🏷️ Themes
Finance, Healthcare Technology, Corporate Earnings
📚 Related People & Topics
Health technology
Application of organized knowledge and skills to solve health problems
Health technology is defined by the World Health Organization as the "application of organized knowledge and skills in the form of devices, medicines, vaccines, procedures, and systems developed to solve a health problem and improve quality of lives". This includes pharmaceuticals, devices, procedur...
Earnings per share
Value of earnings per outstanding share of common stock for a company
Earnings per share (EPS) is the monetary value of earnings per outstanding share of common stock for a company during a defined period of time, often a year. It is a key measure of corporate profitability, focusing on the interests of the company's owners (shareholders), and is commonly used to pric...
🔗 Entity Intersection Graph
Connections for Health technology:
- 🏢 BD (company) (2 shared articles)
- 🌐 Baird (1 shared articles)
- 🏢 Haemonetics (1 shared articles)
- 🏢 Earnings report (1 shared articles)
- 🏢 Piper Sandler Companies (1 shared articles)
- 🌐 Profit margin (1 shared articles)
- 🏢 Philips (1 shared articles)
- 🌐 Cash flow (1 shared articles)
📄 Original Source Content
Varex Imaging Corp reported its first-quarter earnings for fiscal year 2026, surpassing analyst expectations with an earnings per share of $0.19, compared to the forecasted $0.14, marking a 35.71% surprise. The company’s revenue also exceeded expectations, reaching $210 million against a forecast of $205.48 million. Following the announcement, Varex Imaging’s stock saw a boost in aftermarket trading, climbing 1.85% to $14.30.