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Varex Imaging Corp

VREX.C

Latest Trade

14.17USD

Change

0.00(0.00%)

Volume

195

Today's Range

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52 Week Range

10.39

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32.61

As of on the NASDAQ ∙ Minimum 15 minute delay

Latest Developments

Varex Announces Pricing Of Private Offering Of $300 Million Of Senior Secured Notes

Sept 28 (Reuters) - Varex Imaging Corp <VREX.O>::VAREX ANNOUNCES PRICING OF PRIVATE OFFERING OF $300 MILLION OF SENIOR SECURED NOTES.VAREX IMAGING CORP - PRICED PRIVATE OFFERING OF $300 MILLION OF SENIOR SECURED NOTES DUE 2027.VAREX IMAGING CORP - INTENDS TO USE NET PROCEEDS FROM SALE OF NOTES TO PAY IN FULL ALL AMOUNTS OUTSTANDING UNDER ITS EXISTING CREDIT FACILITY.

Varex Announces Private Offering Of $300 Million Of Senior Secured Notes

Sept 22 (Reuters) - Varex Imaging Corp <VREX.O>::VAREX ANNOUNCES PRIVATE OFFERING OF $300 MILLION OF SENIOR SECURED NOTES.VAREX IMAGING CORP - HAS COMMENCED A PRIVATE OFFERING OF $300 MILLION AGGREGATE PRINCIPAL AMOUNT OF SENIOR SECURED NOTES DUE 2027.VAREX IMAGING CORP - EXPECTS TO ENTER INTO NEW SENIOR SECURED ASSET-BASED REVOLVING CREDIT FACILITY OF UP TO $100 MILLION.

Varex Imaging Files For Non-Timely 10-Q With U.S. SEC

Aug 13 (Reuters) - Varex Imaging Corp <VREX.O>::VAREX IMAGING CORP - FILES FOR NON-TIMELY 10-Q WITH U.S. SEC.VAREX - SOME EVENTS, CONDITIONS RAISE SUBSTANTIAL DOUBT ABOUT ABILITY TO CONTINUE AS A GOING CONCERN WITHIN YEAR FOLLOWING ISSUANCE OF Q3 FINANCIAL STATEMENTS IN 10-Q.VAREX IMAGING - ACTIVELY PURSUING VARIOUS OPTIONS TO PREVENT AN EVENT OF DEFAULT FROM OCCURRING UNDER CREDIT AGREEMENT.VAREX IMAGING - CO'S UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS HAVE BEEN PREPARED ON A GOING CONCERN BASIS.VAREX IMAGING - DOES NOT CURRENTLY ANTICIPATE MATERIAL CHANGES TO ITS PREVIOUSLY RELEASED UNAUDITED THIRD QUARTER 2020 FINANCIAL RESULTS.

Varex Posts Q3 Loss Per Share Of $0.73

Aug 12 (Reuters) - Varex Imaging Corp <VREX.O>::VAREX ANNOUNCES FINANCIAL RESULTS FOR THIRD QUARTER OF FISCAL YEAR 2020.Q3 REVENUE $171 MILLION VERSUS REFINITIV IBES ESTIMATE OF $171.1 MILLION.Q3 NON-GAAP LOSS PER SHARE $0.20.Q3 GAAP LOSS PER SHARE $0.73.SEES Q4 2020 REVENUE $155 MILLION TO $170 MILLION.Q3 EARNINGS PER SHARE ESTIMATE $-0.01 -- REFINITIV IBES DATA.ACCELERATING PREVIOUSLY ANNOUNCED CLOSURE OF ITS SANTA CLARA FACILITY, WITH MOST ASSEMBLY OPERATIONS SHUT DOWN IN JUNE.VAREX IMAGING - DISCONTINUING CERTAIN LOW MARGIN, LOW DEMAND PRODUCTS RESULTING IN A $16 MILLION PRETAX NON-CASH CHARGE DURING Q3 OF FISCAL YEAR 2020.DOWNSIZING WORKFORCE BY ELIMINATING 94 POSITIONS AT END OF JULY.Q4 REVENUE VIEW $177.2 MILLION -- REFINITIV IBES DATA.

Varex Imaging Says Commenced Implementation Of Reduction In Workforce To Reduce Co's Operating Cost

July 30 (Reuters) - Varex Imaging Corp <VREX.O>::VAREX IMAGING - ON JULY 29, COMMENCED IMPLEMENTATION OF REDUCTION IN WORKFORCE TO REDUCE THE CO’S OPERATING COST.VAREX IMAGING - ACTION IS EXPECTED TO RESULT IN REDUCTION OF CO’S WORKFORCE BY ABOUT 94 EMPLOYEES, OF WHICH NEARLY ALL ARE LOCATED WITHIN U.S..VAREX IMAGING - EXPECTS TO COMPLETE THE REDUCTION IN WORKFORCE BY DECEMBER 31, 2020.VAREX IMAGING - ESTIMATES THAT CO WILL INCUR APPROXIMATELY $2.5 TO $3.5 MILLION OF CASH EXPENDITURES IN CONNECTION WITH THE REDUCTION IN WORKFORCE.VAREX IMAGING - EXPECTS TO RECOGNIZE THE MAJORITY OF THE PRE-TAX RESTRUCTURING CHARGES BY THE END OF THE COMPANY’S FISCAL YEAR 2020..

Varex Says Shubham Maheshwari Joins As Chief Financial Officer

July 28 (Reuters) - Varex Imaging Corp <VREX.O>::SHUBHAM MAHESHWARI JOINS VAREX AS CHIEF FINANCIAL OFFICER.VAREX IMAGING CORP - MAHESHWARI REPLACES CLARENCE VERHOEF AS CFO.

Varex Prices Offering Of $175 Mln 4.00% Convertible Senior Notes Due 2025

June 5 (Reuters) - Varex Imaging Corp <VREX.O>::VAREX PRICES OFFERING OF $175 MILLION 4.00% CONVERTIBLE SENIOR NOTES DUE 2025.VAREX IMAGING CORP - ESTIMATES THAT NET PROCEEDS FROM OFFERING WILL BE $169.0 MILLION.

Varex Reports Proposed Offering Of Convertible Senior Notes Due 2025

June 4 (Reuters) - Varex Imaging Corp <VREX.O>::VAREX ANNOUNCES PROPOSED OFFERING OF CONVERTIBLE SENIOR NOTES DUE 2025.VAREX IMAGING - INTENDS TO OFFER $150 MILLION OF ITS CONVERTIBLE SENIOR NOTES DUE 2025.VAREX IMAGING - INTENDS TO USE NET PROCEEDS FROM OFFERING TO PARTIALLY REPAY EXISTING INDEBTEDNESS UNDER CO'S CREDIT AGREEMENT.VAREX IMAGING - ALSO INTENDS TO USE NET PROCEEDS FROM OFFERING TO FUND NET COST OF ENTERING INTO CONVERTIBLE NOTE HEDGE & WARRANT TRANSACTIONS.

Varex Imaging Enters Into Amendment No. 6 To Credit Agreement

June 4 (Reuters) - Varex Imaging Corp <VREX.O>::VAREX IMAGING - ON JUNE 3 ENTERED INTO AMENDMENT NO. 6 TO ITS CREDIT AGREEMENT, DATED AS OF MAY 17, 2017.VAREX IMAGING - AMENDMENT REPLACES ALLOWANCE FOR UNCOMMITTED INCREMENTAL INCREASES TO CREDIT FACILITY COMMITMENTS WITH ALLOWANCE FOR UP TO $100 MILLION.VAREX IMAGING - AMENDMENT PERMITS CO TO INCUR ADDITIONAL INCREMENTAL INDEBTEDNESS OUTSIDE OF CREDIT AGREEMENT OF UP TO $300 MILLION.VAREX IMAGING - AMENDMENT PROVIDES THAT UP TO 25% OF PROCEEDS FROM ANY FUTURE EQUITY ISSUANCE BY CO MAY BE RETAINED BY CO.

Varex Imaging Q2 Loss Per Share $0.05

May 12 (Reuters) - Varex Imaging Corp <VREX.O>::VAREX ANNOUNCES FINANCIAL RESULTS FOR SECOND QUARTER OF FISCAL YEAR 2020.Q2 ADJUSTED EARNINGS PER SHARE $0.12.Q2 LOSS PER SHARE $0.05.Q2 REVENUE $197 MILLION VERSUS REFINITIV IBES ESTIMATE OF $199.9 MILLION.Q2 EARNINGS PER SHARE ESTIMATE $0.35 -- REFINITIV IBES DATA.ANNOUNCED WITHDRAWAL OF ITS PREVIOUSLY ISSUED GUIDANCE FOR FISCAL YEAR 2020.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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