Varian Medical Systems (VAR) Tops Q1 EPS by 13c; Issues Solid Outlook

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Varian Reports Results for First Quarter of Fiscal Year 2018

January 24, 2018 4:09 PM EST

PALO ALTO, Calif., Jan. 24, 2018 /PRNewswire/ -- 

First Quarter 2018 Summary

Revenues of $679 million grew 13 percent Oncology gross orders grew 7 percent; booked 2 new Proton orders GAAP operating earnings of 17.9 percent of revenues; Non-GAAP of 18.6 percent GAAP net loss per diluted share from continuing operations of ($1.22), which reflects the impact of the new Tax Cuts and Jobs Act;... More