Varex swings to profit on $93.9M goodwill charge absence; Teledyne merger announced

Filed August 10, 2026 · Period ending July 3, 2026 · Compared to 10-Q Aug 7, 2025 · ~1 min read

Key Changes

• high

  Varex agreed to be acquired by Teledyne for $18.90 per share in cash, with a $25.3 million termination fee payable under certain circumstances.

  MD&A: Proposed acquisition verify on EDGAR →
• high

  Operating income swung to $22.8 million from a loss of $80.7 million, driven by the absence of the prior year's $93.9 million goodwill impairment.

  Notes: Operating income verify on EDGAR →
• high

  Net income attributable to Varex was $15.7 million, compared to a loss of $89.1 million in the prior-year quarter.

  Notes: Net income verify on EDGAR →