Varian Medical Systems (VAR) Tops Q2 EPS by 5c; Guides FY15 EPS Below the Street

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Varian Medical Systems Reports Results for Second Quarter of Fiscal Year 2015

April 29, 2015 4:01 PM EDT

PALO ALTO, Calif., April 29, 2015 /PRNewswire/ -- Varian Medical Systems (NYSE: VAR) today is reporting net earnings of $1.05 per diluted share in the second quarter of fiscal year 2015.  Second quarter net earnings per diluted share rose 19 percent versus the year-ago period when the company recorded a $0.16 per diluted share charge related to the settlement of patent litigation.  Varian's company-wide revenues totaled $759 million for the second quarter of fiscal year 2015, down 2 percent from the year-ago quarter and up 2 percent in constant currency.  The company ended the second quarter with a $3.1 billion... More