Varex Imaging reported positive results for its second quarter (end-March 30), citing an increase in revenue of 30%.
Revenue rose by 30% to reach $201 million, compared with $155 million in the same quarter a year ago. Medical segment revenue increased 26% to $159 million, compared with $126 million in the second quarter of 2017.
Net earnings for the second quarter were $12 million, compared with net earnings of $15 million in the prior year's quarter.
For the first six months of fiscal 2018, revenue was $377 million, a 21% increase from $312 million in same period last year. Medical segment revenue rose 16% to $298 million.
