Varex Imaging Corp - Company Profile

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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, the UK, China, India, Germany, Finland, and the Philippines. It has an operational 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


Telephone 1 302 6365400

No of Employees 2,450

Industry Medical Equipment

Ticker Symbol & Exchange VREX (NASD)

Revenue (2024) $844.6M 4.1% (2024 vs 2023)

EPS XYZ

Net Income (2024) XYZ -47.4% (2024 vs 2023)

Market Cap* $779.7M

Net Profit Margin (2024) XYZ -41.5% (2024 vs 2023)

* As of and is in US$
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Varex Imaging Corp premium industry data and analytics

7

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.

2

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A database of clinical trials planned, currently ongoing, completed, suspended, withdrawn, and terminated in countries around the world.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
2024 New Products/Services In December, the company announced the launch of Lumen HD and Lumen HD Pro digital radiography detectors.
2023 Contracts/Agreements In October, the company entered into a manufacturing agreement with Nanox to advance the Nanox.ARC medical imaging system.
2020 Contracts/Agreements In February, the company and Canon Medical Systems renewed into a three-year pricing agreement to bring next generation imaging systems.
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Competitor Comparison

Key Parameters Varex Imaging Corp Siemens AG Leidos Holdings Inc Teledyne Technologies Inc iRay Group
Headquarters United States of America Germany United States of America United States of America China
City Salt Lake City Munich Reston Thousand Oaks Shanghai
State/Province Utah - Virginia California Shanghai
No. of Employees 2,450 231,000 47,000 15,800 2,292
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 70
Sunny S. Sanyal President; Chief Executive Officer; Director Executive Board 2017 60
Shubham Maheshwari Chief Financial Officer Senior Management 2020 53
Kimberley E. Honeysett General Counsel; Corporate Secretary; Chief Legal Officer; Senior Vice President Senior Management 2017 53
Karen Aranki Chief Human Resources Officer Senior Management 2023 50
Non Dignissim Eros Proin vel Convallis 2026 XY
Non Dignissim Eros Proin vel Convallis 2026 XY
Non Dignissim Eros Proin vel Convallis 2026 XY
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