Varian Medical Systems (VAR) Tops Q2 EPS by 1c

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Varian Medical Systems Reports Results for Second Quarter of Fiscal Year 2016

April 27, 2016 4:44 PM EDT

PALO ALTO, Calif., April 27, 2016 /PRNewswire/ -- Varian Medical Systems (NYSE: VAR) today is reporting non-GAAP net earnings of $1.09 per diluted share and GAAP net earnings of $1.01 per diluted share for the second quarter of fiscal year 2016.  Varian's revenues totaled $759 million for the second quarter, equal to the year-ago quarter and up 2 percent in constant currency. The company ended the quarter with a $3.3 billion backlog, up 6 percent from the end of the second quarter of fiscal year... More