OverviewSuggest Edit

Varex Imaging designs and manufactures X-ray imaging components. The Company operates in two segments, Medical and Industrial. The Medical segment designs, manufactures, sells, and services X-ray imaging components comprising X-ray tubes, digital flat panel image detectors, high voltage connectors, image-processing software and workstations, computer-aided diagnostic software, collimators, automatic exposure control devices, generators, ionization chambers, and buckys. The Industrial segment designs, manufactures, sells, and services Linatron X-ray accelerators, X-ray tubes, digital flat panel detectors, high voltage connectors, and image-processing software for use in security and industrial inspection applications, such as airport security screening at ports and borders, as well as nondestructive examination in various applications.
TypePublic
Founded2016
HQSalt Lake City, US
Websitevareximaging.com
Employee Ratings2.9

Latest Updates

Employees (est.) (Sep 2018)2,000
Job Openings69
Revenue (FY, 2017)$698.1 M
Share Price (Oct 2019)$29

Key People/Management at Varex Imaging

Kim Honeysett

Kim Honeysett

Senior Vice President, General Counsel, & Corporate Secretary
Andrew Hartmann

Andrew Hartmann

Senior Vice President, Medical Global Sales and Marketing
Carl Lacasce

Carl Lacasce

Senior Vice President & General Manager, Industrial Imaging
Mark Jonaitis

Mark Jonaitis

Senior Vice President & General Manager, X-Ray Sources
Joel Nijenhuis

Joel Nijenhuis

Vice President & General Manager, Connect & Control Solutions
Marcus Kirchhoff

Marcus Kirchhoff

Vice President & General Manager, Software Solutions
Show more

Varex Imaging Office Locations

Varex Imaging has offices in Salt Lake City, Franklin Park, Las Vegas, Liverpool and in 8 other locations
Salt Lake City, US (HQ)
1678 Pioneer Rd
Franklin Park, US
3835 Carnation St
Las Vegas, US
6811 Spencer St
Liverpool, US
121 Metropolitan Park Dr
North Charleston, US
3235 Fortune Dr
Salt Lake City, US
1679 Pioneer Rd
Show all (15)

Varex Imaging Financials and Metrics

Varex Imaging Revenue

Varex Imaging's revenue was reported to be $698.10 m in FY, 2017
USD

Market capitalization (16-Oct-2019)

1.1b

Closing stock price (16-Oct-2019)

29.0

Cash (29-Mar-2019)

31.0m
Varex Imaging's current market capitalization is $1.1 b.
Annual
USDFY, 2017

Revenue

698.1m

Cost of goods sold

444.6m

Gross profit

253.5m

Gross profit Margin, %

36%
Quarterly
USDQ2, 2017

Interest expense

1.0m

Net Income

15.0m
Annual
USDFY, 2017FY, 2018

Cash

83.3m

Accounts Receivable

163.6m

Prepaid Expenses

13.9m

Inventories

234.5m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q2, 2019

Cash

31.0m

Accounts Receivable

130.0m

Inventories

204.0m244.0m

Current Assets

444.0m
Annual
USDFY, 2017FY, 2018

Net Income

52.0m28.3m

Depreciation and Amortization

27.4m42.2m

Inventories

(4.2m)(2.4m)

Accounts Payable

4.9m5.2m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

37.0m

Depreciation and Amortization

16.0m

Inventories

(11.0m)

Cash From Operating Activities

33.0m
Show all financial metrics

Varex Imaging Revenue Breakdown

Embed Graph

Varex Imaging revenue breakdown by business segment: 79.8% from Medical and 20.2% from Industrial

Varex Imaging revenue breakdown by geographic segment: 34.2% from APAC, 31.4% from EMEA and 34.4% from Americas

Varex Imaging Online and Social Media Presence

Embed Graph

Varex Imaging News and Updates

Varex Imaging To Present At JP Morgan Healthcare Conference

SALT LAKE CITY, Dec. 21, 2018 /PRNewswire/ -- Varex Imaging Corporation (Nasdaq: VREX) today announced that it is scheduled to make a presentation at the JP Morgan Healthcare Conference on Wednesday, January 9, 2019 at 5:00 pm Pacific Time. This event is being held at the Westin St....

Varex Imaging To Showcase Its Industrial Imaging Products At ASNT Fall 2018 Conference & Exhibit

SALT LAKE CITY, Oct. 26, 2018 /PRNewswire/ -- Varex Imaging Corporation (Nasdaq: VREX) will exhibit its latest industrial Nondestructive Testing (NDT) imaging products at the Annual Meeting for the American Society for Nondestructive Testing in Houston, Texas from October 28-31, 2018....

Varex Imaging Blogs

MD Expo Baltimore 2019

October 17-20 Baltimore, Maryland https://www.mdexposhow.com/

CT seminar: 2019 Chinese Stereology and Image Analysis Conference

October 17-20 Haikou, China http://www.tscss.org/meetingdetail.html?id=30&meetingId=10116

2019 India International Security Expo

Oct 3-5 Pragati Maidan, New Delhi Join Varex Imaging at the 22nd India Internation Security Expo for the latest in high energy linear accelerator and flat panel detector technology

Varex To Present At The Sidoti & Company 2019 Fall Conference

09/17/19 Varex Imaging Corporation (Nasdaq: VREX) announced today that it is scheduled to make a presentation at the Sidoti & Company 2019 Fall Conference on Wednesday, September 25, 2019 at 11:30 am Eastern Time. This event is being held at the Grand Hyatt New York in New York Ci…

Varex Imaging Announces Financial Results For Third Quarter Of Fiscal Year 2019

08/06/19 SALT LAKE CITY, Aug. 6, 2019 /PRNewswire/ -- Varex Imaging Corporation(Nasdaq: VREX) today announced its financial results for the third quarter of fiscal year 2019. Quarterly Highlights Revenues increased 3% to $197 million Gross margin was 31% | Adjusted gross margin* w…

National Intern Day 2019

Thursday, July 25, 2019 Picture Crystal Barbieri Talent Recruiter Summer time at Varex Imaging means the internship program is well underway. This year, we have over 29 interns working for Varex at our various locations around the …
Show more

Varex Imaging Frequently Asked Questions

  • When was Varex Imaging founded?

    Varex Imaging was founded in 2016.

  • Who are Varex Imaging key executives?

    Varex Imaging's key executives are Kim Honeysett, Andrew Hartmann and Carl Lacasce.

  • How many employees does Varex Imaging have?

    Varex Imaging has 2,000 employees.

  • Who are Varex Imaging competitors?

    Competitors of Varex Imaging include BioLife Solutions, SurModics and Chembio.

  • Where is Varex Imaging headquarters?

    Varex Imaging headquarters is located at 1678 Pioneer Rd, Salt Lake City.

  • Where are Varex Imaging offices?

    Varex Imaging has offices in Salt Lake City, Franklin Park, Las Vegas, Liverpool and in 8 other locations.

  • How many offices does Varex Imaging have?

    Varex Imaging has 15 offices.