XPEV - Varex Imaging Reports Weak Sales Joins Alcon XPeng And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session | Benzinga
U.S. stock futures traded higher this morning on Wednesday, with the Dow Jones futures gaining more than 90 points this morning.
Shares of Varex Imaging Corporation (NASDAQ: VREX) dipped in pre-market trading after the company reported worse-than-expected fourth-quarter revenue results and issued guidance.
Varex posted adjusted earnings of 45 cents per share, versus estimates of 35 cents per share. The company’s quarterly revenue came in at $227 million, missing expectations of $232.33 million.
The company said it sees first-quarter adjusted EPS of $0.00-$0.20 on revenue of $180 million to $200 million.
Varex Imaging shares declined 10.9% to $17.30 in ...