Varian Medical Systems (VAR) Misses Q1 EPS by 3c, Revenues Beat
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Varian Reports Results for First Quarter of Fiscal Year 2020
January 29, 2020 4:09 PM ESTPALO ALTO, Calif., Jan. 29, 2020 /PRNewswire/ --
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 months Total company revenues grew 12% in dollars, or 13% in constant currency, to $829 million; organic revenues grew 8%(1) GAAP operating earnings declined 1% at 13.3% of revenues; non-GAAP operating earnings grew 13% at 16.2% of revenues GAAP net earnings per diluted share of $0.96; non-GAAP net earnings per diluted share of $1.16 No change to fiscal year 2020 guidance(1)Â Excludes the year-over-year impact of foreign... More
