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Varex Imaging beats EPS estimates by 40% despite revenue miss amid $1.1B Teledyne acquisition.

Company Fundamentals
10 Aug 2026
Stuart Mooney
View Source
Bullish
Varex Imaging beats EPS estimates by 40% despite revenue miss amid $1.1B Teledyne acquisition.

Varex Imaging Corporation reported a strong Q3 earnings per share (EPS) of $0.31, surpassing analyst estimates of $0.21 by over 40%, signaling robust profitability. However, its revenue of $210.5 million fell slightly short of the expected $215.5 million, though it still showed growth from the previous year. The company maintains a strong liquidity position with a current ratio of 3.38, supporting its financial health as it prepares for acquisition by Teledyne Technologies for approximately $1.1 billion. This acquisition context highlights investor interest despite mixed revenue results.

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