Varex Imaging Corp - Company Profile

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Varex Imaging Corp: Overview

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Varex Imaging Corp (Varex) is a designer and manufacturer of X-ray imaging components. Its product portfolio includes X-ray tubes, high voltage connectors, digital detectors, linear accelerators, automatic exposure control devices, image processing solutions, collimators, heat exchangers, generators, ionization chambers and buckys, among others. The company’s products are used in medical imaging, industrial, and security imaging applications. It also markets X-ray imaging components to distributors, independent service companies, and directly to end-users for replacement purposes. The company has manufacturing facilities in the US, the Netherlands, Germany, Finland, and the Philippines. It has a presence in the Americas, Europe, the Middle East, Africa and Asia Pacific. Varex is headquartered in Salt Lake City, Utah, the US.

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Headquarters United States of America
Address 1678 S Pioneer Rd, Salt Lake City, Utah, 84104-4205
Website www.vareximaging.com
Telephone 1 801 9725000
No of Employees 2,300
Industry Medical Equipment
Ticker Symbol & Exchange VREX (NASD)
Revenue (2022) $893.4M 4% (2022 vs 2021)
EPS XYZ
Net Income (2022) XYZ 59.1% (2022 vs 2021)
Market Cap* $697.5M
Net Profit Margin (2023) XYZ 53.0% (2022 vs 2021)
* As of and is in US$
View Varex Imaging Corp financials
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Varex Imaging Corp premium industry data and analytics

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Medical Pipeline Products

A database of medical devices that are in the process to get approved for sale around the world. Devices that are in development, through to those in the approval process are included.

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Medical Clinical Trials

A database of clinical trials planned, currently ongoing, completed, suspended, withdrawn, and terminated in countries around the world.

Products and Services

Products Services Brands
Medical Imaging Modalities: Linatron
Software Solutions Computed Tomography
OEM X-ray Tubes Digital Radiography
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2020 Contracts/Agreements In February, the company and Canon Medical Systems renewed into a three-year pricing agreement to bring next generation imaging systems.
2019 Corporate Changes/Expansions In July, Varex's subsidiary Direct Conversion AB opened its application innovation centre in Graefelfing, Munich, Germany.
2019 Acquisitions/Mergers/Takeovers In April, the company acquired Direct Conversion AB, a manufacturer and marketer of linear array digital detectors utilizing photon counting and charge integrating technologies.
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Competitor Comparison

Key Parameters Varex Imaging Corp Siemens AG Teledyne Technologies Inc iRay Technology Co Ltd Vieworks Co., Ltd
Headquarters United States of America Germany United States of America China South Korea
City Salt Lake City Muenchen Thousand Oaks Shanghai Anyang
State/Province Utah Bayern California Shanghai -
No. of Employees 2,300 321,000 14,900 1,237 206
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Walter M. Rosebrough, Jr. Chairman Executive Board 2023 69
Sunny S. Sanyal Chief Executive Officer; Director; President Executive Board 2017 59
Shubham Maheshwari Chief Financial Officer Senior Management 2020 52
Kimberley E. Honeysett Corporate Secretary; General Counsel; Chief Legal Officer; Senior Vice President Senior Management 2022 52
Karen Aranki Chief Human Resources Officer; Senior Vice President Senior Management 2023 -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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