Varian Reports Results for First Quarter of Fiscal Year 2020
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Varian Medical Systems (VAR) Misses Q1 EPS by 3c, Revenues Beat
January 29, 2020 4:11 PM ESTVarian Medical Systems (NYSE: VAR) reported Q1 EPS of $1.16, $0.03 worse than the analyst estimate of $1.19. Revenue for the quarter came in at $828.9 million versus the consensus estimate of $826.61 million.
First Quarter 2020 Summary
Oncology Systems gross orders grew 8% in dollars or 9% in constant currency in the quarter and over the trailing twelve monthsTotal company revenues grew 12% in dollars, or 13% in constant currency, to $829 million;... More