pandemic. welcome! the world around dramatically Thank the due changed Since last February, Good in us you, our Howard. afternoon COVID-XX earnings and has call to
also all COVID-XX. on the I to suppliers on lines closely thank customers of against our for behalf the the want impact world global working I selfless second professionals our discussing Before to manage everyone of quarter, the would volunteers And the at pandemic. for us front this fighting like with around and and to our Varex, of thank results
operational employees XXXX-plus personnel. safe all that our of factories well I’m and our grateful around staffed our all and are are essential the also that and centers by world service and
good and many We our employees internal and from distancing have implemented external working strong practices or social systems meetings. home non-production for using and video effectively hygiene conferencing with
to safety measures to extraordinary addition in took making health high operations many lockdown where the our some we of workers the local actions, commuting, products. Philippines government transportation production manufacture In public and The we some disrupted initiated to it in our volume by get and impossible virtually our for site. strong
able in customers. of were make to business the This I'm only also be maintain delivery on-time but many us for arrangement to our workers glad we say arrangements for not to continuity, impacted ensure to sheltered that our to premises. allowed
COVID-XX pandemic began our business quarter. The in second to the impact
experienced our quarter, prior overall shift between mix segments increased we a segment in our and year over business Although the lowered within margins. our each revenues substantial that
the segment second quarter million, in million. XX% million the revenues year from for $XXX Medical decreased to $XXX Revenues quarter. revenues while to $XXX segment prior increased X% industrial increased $XX to million
products sales for X-ray high and production We and with in higher much tubes increase tubes of other medical voltage demand the met significant our In CT incremental of for growth. detectors, tubes, increased connectors. that against a fight certain imaging revenue drove segment demand and radiographic and COVID-XX the assist CT
our levels in spending inventory systems. for manage decline This growth OEM products their in other uncertainty was partially sales offset as X-ray response around to the customers of imaging medical by a
quarters. has versatility versatile modalities, this. of diagnostic most that as to this shown diagnosing systems fight CT seeing healthy has the we new for CT continued to imaging anticipate CT of and practitioners is to demand coming in growth been assist The and from be we're solid demonstrates Demand CT using COVID-XX system the complications in one have COVID-XX. installations against over remain us
our our OEM not driven with These CT sales during longstanding forged success tube have customers, relationships win with First, continued is by It's Our and largest majority growth drove the to XX-plus that factors: particularly uncommon of technologies. vast in that customers. several customer the who for include years. relationships our we customer systems all global effective exceed in us the cost CT our quarter, advanced in to market
for Second, their technology disruption move forward operations plans. pandemic, system OEM adoption CT of most needs. and global Despite with on rely our to in our innovation continue in from future continue OEM drives their new the leadership customers introduction to product our customers Varex
of that an scalability operations the Third, advantage is value. our our customers
of some in and that customers this an fulfill COVID-XX during to the was mentioned, quarter. we able were driven for previously I systems by of saw demand uptick As most our their demand
where innovation the an globally believe oncology These firmly this OEMs we have our we known to well dental, While appear introductions. responded and to markets mammography that have a slowed to leader markets pandemic, very the product down temporary as situation are us. due for favorably and are recent is
any such performance has and effective Z cost notable of our the our platform for as applications. pandemic, rollout and slowdowns new surgical, dynamic high not been in the other dental, Despite there cardiovascular detector technologies
At detector progress and forward. projects introducing and locally have solid dental China Customer begun in increasing these areas to our products these same in for continued with are shipping products quantities. time the make have plans in radiographic made moving we
OEMs of detectors specifications X-ray lightest best-in-class the new in portable mobile is encouraged world, the the systems. detector most developing from currently by with the it and that traction we're one very received robust and Our wireless has
confident very to feel pause before. expect of out we competitively stronger than are we summary, come and technologies mark, this that hitting tube the temporary and detector our medical In
producing in of ports segment, and tender all in our industrial and many sales decline driven lower of which are governments, funded a to at for significantly the typically regions products In Most oil type world. prices our world cargo are projects this of borders. located by screening led of
the decreased many the substantially vertical impact commercial considerably COVID-XX gas oil customers contracted NDT of as that market, Similarly, products. and sharply. manufacture in companies declined to economic spending applications NDT other sales the on global for product and sales consumer Product due our in also to
in with industrial the business quarter second a we the believe increased; attractive year. application in to part for drop global term the headwinds airport anticipate second precipitous remains travel the however, of of growth COVID-XX, in this we Despite fiscal product security sales due that an for temporary half continue given our to In potential. product air decline sales market long segment this
demand for industrial our significant has the our the chain supply well applications, Overall, as its medical certain economy global created variability business, and uncertainty to disruption for as pandemic products and in COVID-XX on Varex’s impact a productivity. which and in manufacturing includes
least of the the this uncertainty current expect for year. to fiscal We at remainder continue
we're a As our previously result, year issued for guidance our withdrawing fiscal XXXX.
to challenges help measures a To we associated our the in year. with the cash second half of business fiscal that into condition series initiated extraordinary the will improve our COVID-XX, second cost our enable weather and preservation continue of better financial quarter and reduction
year. Clara For we into example, quarter fourth have date by current Santa closure the the of the of fiscal facility pulled quarter full in our
costs In the and through furloughs personnel. are we United in reductions labor reducing States targeted
fiscal salary and My weeks fiscal employees members by agreed and our a XX% by level. cash job the of Directors without our of retainer other XX% in effectively Board to will be half their XX%, for the year. this reduced reduction second this have annual of will of remainder reducing XX% on depending reductions, we through cash compensation salary pay approximately to of temporary non-production year, leave the be for addition, a In combination two for of
guidelines. We're Internationally, we're exploring XXXK work implementing and in-line match suspending with temporarily Employee the company's reductions along cash and of with Recognition reduced Programs. salary schedules, components local each
discretionary million and reduced costs either we're in actions these margin to this increase our portfolio $XX have $XX fiscal or expect the In the to expenses, taking aggregate, low products reduce on actions We will remainder year. million reduce prices discontinue by over to and of approximately we continue products. other to
well. lines, There look facilities, assets as as our other broad across cost term entire overhead well reductions and the portfolio at actions of as evaluation cost targeting are additional as We're product our structure. business long we closely our under
half on committed I We to details quarters. in will provide few additional of implementing The changes team expect delivering we next the are second and and the XXXX. begin this to over these leadership
the With to detail. Clarence me talk call that, to hand over about in greater let performance our financial
