VAREX IMAGING (VREX) Reports Q1 Earnings: What Key Metrics Have to Say

Core Insights - VAREX IMAGING reported revenue of $209.6 million for the quarter ended December 2025, marking a year-over-year increase of 4.9% and a surprise of +0.22% over the Zacks Consensus Estimate of $209.15 million [1] - The company achieved an EPS of $0.19, which is a significant increase from $0.07 a year ago, resulting in an EPS surprise of +35.71% compared to the consensus estimate of $0.14 [1] Revenue Performance - Industrial revenues reached $64.8 million, exceeding the estimated $61.61 million, reflecting a year-over-year increase of +17.4% [4] - Medical revenues totaled $144.8 million, slightly below the estimated $147.5 million, with a minimal year-over-year change of +0.1% [4] Profit Metrics - Gross profit from Industrial operations was reported at $23.8 million, surpassing the average estimate of $21.27 million [4] - Gross profit from Medical operations was $46 million, which fell short of the average estimate of $48.32 million [4] Stock Performance - VAREX IMAGING shares have returned +5.5% over the past month, while the Zacks S&P 500 composite remained unchanged [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]