Teledyne Technologies has announced an agreement to acquire Varex Imaging Corporation for $1.1 billion. This takeover will expand Teledyne's portfolio, particularly in the imaging technology sector.

Varex Imaging's CFO provided insights into the company's strategies, including tariff pass-through mechanisms and operations in India factories. The company now reports steady demand despite geopolitics, expecting tariff relief to boost margins and a ramp-up in India operations.

Varex Imaging reported non-GAAP EPS that beat expectations but missed on revenue, while Dole's shares fell after its Q2 earnings and revenue both missed analyst forecasts.

Varex Imaging plans to redeem $368 million of its 7.875% senior secured notes due in 2027.

Varex Imaging (VREX) has released the transcript of its second-quarter 2026 earnings call, detailing its financial performance.