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Varian Reports Results for First Quarter of Fiscal Year 2021
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/PRNewswire/
First Quarter 2021 Summary
Oncology Systems gross orders grew 2% in dollars or 1% in constant currency in the quarter; trailing twelve months gross orders down 5% in dollars or 6% in constant currency
13 Ethos
1 Proton order awarded in China
Total company revenues down 6% in dollars, or 8% in constant currency, to $779 million
GAAP operating earnings grew 7% at 15.1% of revenues; non-GAAP operating earnings grew 1% at 17.5% of revenues
GAAP net earnings per diluted share of $1.05; non-GAAP net earnings per diluted share of $1.14
Cash flows from operations of $141 million, up 26%
All growth rates are year-over-year. Any reference to dollars is US dollars.
Varian Announces First Quarter Fiscal Year 2021 Earnings Release Date
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PALO ALTO, Calif., Jan. 8, 2021 /PRNewswire/ Varian (NYSE: VAR) today announced its first quarter fiscal year 2021 earnings release date.
The Company will report results for the first quarter of fiscal year 2021 after market close on Tuesday, January 26, 2021.
In light of the pending transaction with Siemens Healthineers, Varian will not be hosting a conference call for its first quarter fiscal year 2021 earnings.
For automatic e-mail alerts regarding Varian news and events, investors can subscribe on the company website: http://investors.varian.com/emailalerts.