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XNAS
VREX
Market cap777mUSD
Oct 08, Last price  
18.47USD
1D
0.16%
1Q
67.15%
IPO
-31.59%
Name

Varex Imaging Corp

Chart & performance

D1W1MN
XNAS:VREX chart
P/E
—
P/S
0.92
EPS
—
Div yield, %
—
Shrs. gr., 5y
1.31%
Rev. gr., 5y
2.73%
Revenues
845m
+4.14%
669,800,000685,200,000632,300,000620,100,000698,100,000698,100,000773,400,000773,400,000780,600,000780,600,000738,300,000818,100,000859,400,000893,400,000811,000,000844,600,000
Net income
-70m
L+47.38%
109,600,000110,100,00080,000,00068,500,00051,600,00051,600,00027,500,00027,500,00015,500,00015,500,000-57,900,00017,400,00030,300,00047,400,000-47,700,000-70,300,000
CFO
42m
-11.84%
91,200,000118,600,00085,200,00074,200,00074,600,00074,600,00085,300,00085,300,00071,900,00071,900,00013,200,00092,600,00016,900,000108,400,00047,300,00041,700,000

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Profile

Varex Imaging Corporation (VREX) specializes in the development and production of X-ray imaging components. Its operations are divided into two primary divisions: Medical and Industrial. Within the Medical segment, Varex provides a comprehensive range of X-ray imaging components. These include essential hardware like X-ray tubes, digital detectors, and high-voltage connectors, alongside sophisticated software solutions for image processing, 3D reconstruction, and computer-aided diagnostics. The segment also supplies critical ancillary devices such as collimators, generators, and automatic exposure control mechanisms. These medical products serve a wide spectrum of applications, from general diagnostic imaging like radiography and fluoroscopy, to specialized areas such as mammography, computed tomography (CT), cardiac procedures, dental imaging, and surgical applications. They are also vital for radiation therapy, oncology, and advanced computer-aided detection systems. The Industrial segment focuses on providing X-ray technology for security and industrial inspection. Its offerings include Linatron X-ray accelerators, X-ray tubes, digital detectors, and high-voltage connectors. These components are crucial for diverse applications such as airport security scanning, cargo screening at border crossings, and nondestructive testing across various industries. Varex distributes its products through multiple channels, including direct sales to end-users, partnerships with imaging system Original Equipment Manufacturers (OEMs), independent service providers, and a network of distributors. With a significant global footprint, the company maintains operations across North America, South America, Europe, Russia, the Middle East, India, Africa, Asia, and Australia. Established in 2016, Varex Imaging Corporation is headquartered in Salt Lake City, Utah.

Related entities

Subsidiaries
Varex Imaging Deutschland AG

Key people

Independent Chairman of the Board · since 2023
Sunny Sanyal
President, Chief Executive Officer, Director · since 2017
Shubham Maheshwari
Chief Financial Officer · since 2023
Karen Aranki
Chief Human Resources Officer · since 2023
Senior Vice President, General Manager - Detectors · since 2023
Mark Jonaitis
Senior Vice President, General Manager - X-Ray Sources · since 2017
Matthew Martinez
Chief Legal Officer and Corporate Secretary · since 2025
Kathleen Bardwell
Independent Director · since 2022
Jocelyn Chertoff
Independent Director · since 2017
Timothy Guertin
Independent Director · since 2020
Independent Director · since 2017
Independent Director · since 2017
IPO date
Jan 20, 2017
Employees
2,300
Domiciled in
US
Incorporated in
US
Legal address
C/O UNITED AGENT GROUP INC.
1521 CONCORD PIKE SUITE 201
WILMINGTON, DE 19803
US
Headquarters
251 LITTLE FALLS DRIVE
WILMINGTON, DE 19808
US

Valuation

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