Varex Imaging Corporation announced its unaudited financial results for the third quarter of fiscal year 2025, reporting revenues of US$203.0 million. This revenue figure surpassed the company's guidance for the quarter.
Despite beating revenue expectations, the reported revenue was down 2.9% compared to the third quarter of the previous fiscal year. The company's earnings per share (EPS) for the quarter lagged expectations.
The third-quarter results indicate robust revenue driven by industrial segment growth and strong sales in China, even while facing challenges in the medical segment and high operating expenses.
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