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iRay Technology, Q3 2021, Sales Results

On the 21st of October, iRay Technology, the Chinese X-ray detector manufacturer, published its financial results for Q3 2021. These show that sales continued to growth at an explosive pace during the quarter, following a period of prolonged sales growth. Quarterly sales reached CNY 268.1m, compared with CNY 169.2m in Q3 2020, an increase of approximately +58% year-on-year. This is on top of…

Varex Imaging, Q2 2021, Sales Results

Image Credit: Varex Imaging Corporation RSNA 2020 virtual booth, News On the 3rd of August, Varex Imaging Corporation published its financial results for Q2 2021. Due to the companies reporting cycle, this is its third fiscal quarter. These results show that Group sales continued to grow for the second consecutive quarter, following revenue declines in 2020 related to the COVID…

iRay Technology, Q2 2021, Sales Results

On the 4th of August, iRay Technology, the Chinese X-ray detector manufacturer, published its financial results for Q2 2021. These show that sales continued to growth at an explosive pace during the quarter, following a period of prolonged sales growth despite the COVID-19 pandemic. Quarterly sales reached CNY 332.3m, compared with CNY 249.9m in Q2 2020, an increase of approximately +33%…

The global demand for X-ray detectors returns to growth in the first quarter

Global Sales Revenue : USD comparable, quarterly foreign exchange adjustment Data from X-ray Detector Market Intelligence Subscription Service Q1 Sales Growth On a constant currency basis, it is estimated that global revenues from the sale of X-ray detectors increased by a mid-single-digit during Q1 2021, compared with Q1 2020. This marked a return to quarterly sales growth following three…

Varex Imaging, Q1 2021, Sales Results

Image Credit: Varex Imaging Corporation RSNA 2020 virtual booth, News On May 4th, Varex Imaging Corporation published its financial results for Q1 2021. Due to the companies reporting cycle, this is its second fiscal quarter. These results show that Group sales returned to growth during the quarter, following three consecutive quarters of revenue decline, driven by the negative effects of the…

Market Update: X-ray Detectors for Medical Imaging

Q4 2020 Sales Revenue The Coronavirus pandemic continued to have a material impact on the demand for medical X-ray imaging systems during the fourth quarter. The pandemic contributed toward lower aggregate capital spending on new X-ray imaging equipment as planned installations were delayed and some healthcare systems temporarily paused investment decision making. On a constant currency basis,…

Varex Imaging, Q4 2020, Sales Results

Image Credit: Varex Imaging Corporation RSNA 2020 virtual booth, News On February 4th, Varex Imaging Corporation published its financial results for Q4 2020. Due to the companies reporting cycle, this is its first fiscal quarter. These results show that Group sales continued to decline during the quarter, driven by the negative effects of the Coronavirus pandemic. Although revenue was lower…