Varian Medical Systems Reveals 3% Advance In Q4 Earnings

(RTTNews) - Varian Medical Systems (VAR) revealed earnings for its fourth quarter that advanced compared to the same period last year.

The company said its bottom line totaled $100.6 million, or $1.09 per share. This was up from $97.7 million, or $1.03 per share, in last year's fourth quarter.

The company said revenue for the quarter fell 1.1% to $739.0 million. This was down from $747.2 million last year.

Varian Medical Systems earnings at a glance:

-Earnings (Q4): $100.6 Mln. vs. $97.7 Mln. last year. -Earnings Growth (Y-o-Y): 3.0% -EPS (Q4): $1.09 vs. $1.03 last year. -EPS Growth (Y-o-Y): 5.8% -Revenue (Q4): $739.0 Mln vs. $747.2 Mln last year. -Revenue Change (Y-o-Y): -1.1%