Varian Medical Systems (VAR) Tops Q3 EPS by 5c, Updates FY EPS Guidance
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Varian Medical Systems Reports Results for Third Quarter of Fiscal Year 2016
July 27, 2016 4:05 PM EDTPALO ALTO, Calif., July 27, 2016 /PRNewswire/ -- Varian Medical Systems (NYSE: VAR) today is reporting GAAP net earnings of $1.04 per diluted share and non-GAAP net earnings of $1.22 per diluted share for the third quarter of fiscal year 2016. Varian's revenues totaled $789 million for the third quarter, up 1 percent from the year-ago quarter in dollars and even with the year-ago quarter in constant currency. The company ended the quarter with a $3.3 billion backlog, up 5 percent from the end of the third quarter of fiscal year... More
