Varex Imaging Corporation (NASDAQ:VREX) Q4 2019 Earnings Conference Call - Final Transcript

Nov 12, 2019 • 05:00 pm ET

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Varex Imaging Corporation (NASDAQ:VREX) Q4 2019 Earnings Conference Call - Final Transcript

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Presentation
Executive
Sunny Sanyal

and carbon nano tubes to start making their way into innovative applications. Photon-counting detectors are capable of imaging up to 10,000 frames per second and differentiate materials more precisely, making them ideal for our high-speed imaging applications in industrial.

We also intend to reinvent how X-rays are generated using carbon nano tube technology. We can envision a future where X-ray tubes will not need heated filaments and be more like solid state devices that can be turned on and off at high speeds.

Third, our customer relationships are stronger than ever. During the course of the year, our business development activities resulted in several new footprint expansion projects with existing customers. We have a pipeline of customers we're working on bringing 3D imaging capabilities in mammography and dental, as well as advances in high-resolution imaging in surgery and cardiovascular. Our customers are introducing new systems which feature cost-effective, dual-energy imaging with reduced to dose.

We also see our customers reinventing diagnostic radiography with high definition 3D and soft tissue Imaging. We believe these new platforms will allow us to continue to differentiate ourselves competitively as we bring to our OEM customers, significant new capabilities that will enable them to bring more advanced systems to market.

At the end of November, we will be at RSNA in Chicago, where we will be showcasing these expanded technological capabilities that I've just outlined. RSANA is the largest trade show event of the year for the medical imaging industry, and many of our medical customers will be displaying new products, which incorporate one or more of our components.

in summary, we're well positioned to excel in two, large, healthy and growing market segments to lead with innovation and to continue to expand our customer relationships.

We will now open up the call for your questions.