Varian Medical Systems (VAR) Misses Q2 EPS by 1c
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Varian Medical Systems Reports Results for Second Quarter of Fiscal Year 2017
April 26, 2017 4:02 PM EDTPALO ALTO, Calif., April 26, 2017 /PRNewswire/ -- Varian Medical Systems (NYSE: VAR) today is reporting GAAP net earnings from continuing operations of $0.74 per diluted share and non-GAAP net earnings from continuing operations of $0.89 per diluted share for the second quarter of fiscal year 2017. Varian's second quarter revenues from continuing operations totaled $655 million, up 6 percent from the year-ago quarter in dollars and 7 percent in constant currency. The company ended the quarter with a $3.1 billion backlog, up 4 percent from the same point in fiscal year 2016, with a 6 percent gain in the Oncology Systems backlog.
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