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Varian Medical Systems Inc (VAR.N)

VAR.N on New York Stock Exchange

106.18USD
19 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Varian Medical Systems Inc says ‍terminated credit agreement entered into as of August 27, 2013
Tuesday, 5 Sep 2017 05:50pm EDT 

Sept 5 (Reuters) - Varian Medical Systems Inc :Varian Medical Systems Inc - ‍on September 1, co replaced its $800 million revolving credit facility with revolving credit facility​.Varian Medical Systems Inc - ‍terminated credit agreement entered into as of August 27, 2013 by and between company, certain lenders​.Varian Medical Systems Inc - ‍repayed in full approximately $364 million then-outstanding principal balance, plus accrued interest and fees​.Varian Medical Systems Inc - ‍credit agreement provides for a five-year revolving credit facility in an aggregate principal amount of up to $600 million​.Varian Medical Systems - ‍credit facility also includes $50 million sub-facility for issuance of letters of credit, permits swing line loans of up to $25 million​.Varian Medical Systems - right to make request to increase commitments under credit facility by an aggregate amount for all requests of up to $100 million​.  Full Article

Varian Medical Systems signs brachytherapy applicator distribution agreement with Bionix Radiation Therapy
Wednesday, 9 Aug 2017 08:15am EDT 

Aug 9 (Reuters) - Varian Medical Systems Inc :Varian Medical Systems signs brachytherapy applicator distribution agreement with Bionix Radiation Therapy.Varian Medical Systems Inc - ‍Varian will market bionix esophageal applicator and anorectal applicator in North America​.  Full Article

Varian Medical received orders to provide suites of software for national proton therapy centers in UK
Tuesday, 1 Aug 2017 08:00am EDT 

Aug 1 (Reuters) - Varian Medical Systems Inc :Varian Medical Systems Inc - received orders to provide suites of software for national proton therapy centers now being constructed in denmark, u.k..Varian Medical Systems - confirmed that varian will supply its eclipse treatment planning and aria oncology information management software for sites.  Full Article

Varian sees Q4 non-GAAP earnings per share $1.15-$1.23 from continuing operations
Wednesday, 26 Jul 2017 04:02pm EDT 

July 26 (Reuters) - Varian Medical Systems Inc ::Varian Medical Systems reports third quarter fiscal year 2017 results highlighting growth in backlog and improvements in both gross margin and working capital.Sees Q2 2017 non-GAAP earnings per share $3.08 to $3.16 from continuing operations.Sees Q4 non-GAAP earnings per share $1.15 to $1.23 from continuing operations.Varian Medical Systems Inc - ‍Q4 revenue growth is now expected to be flat to down slightly​.Varian Medical Systems Inc - ‍for Q217 to Q417, revenue growth is expected to be between 2 and 3 percent​.Varian Medical Systems Inc - ‍non-gaap diluted earnings per share from continuing operations are expected to be in range of $1.15 to $1.23 for Q4​.Varian Medical Systems- ‍non-gaap diluted earnings per share from continuing operations are expected to be in range $3.08 and $3.16 for Q217 to Q417​.Q4 earnings per share view $1.19, revenue view $765.2 million -- Thomson Reuters I/B/E/S.  Full Article

Varian Medical Systems Q3 non-GAAP earnings of $1.04 per share
Wednesday, 26 Jul 2017 04:02pm EDT 

July 26 (Reuters) - Varian Medical Systems Inc :Q3 non-GAAP earnings per share $1.04, Q3 GAAP earnings per share $0.98.Sees non-gaap earnings per share $1.15 to $1.23 from continuing operations for q2 2017 to q4 2017 .Varian medical systems reports third quarter fiscal year 2017 results highlighting growth in backlog and improvements in both gross margin and working capital.Sees q2 2017 non-gaap earnings per share $3.08 to $3.16 from continuing operations.q4 revenue growth is now expected to be flat to down slightly​.‍for q217 to q417, revenue growth is expected to be between 2 and 3 percent​.‍non-gaap diluted earnings per share from continuing operations are expected to be in range of $1.15 to $1.23 for q4​.‍non-gaap diluted earnings per share from continuing operations are expected to be in range $3.08 and $3.16 for q217 to q417​.Q4 earnings per share view $1.19, revenue view $765.2 million -- Thomson Reuters I/B/E/S.  Full Article

Varian Medical signs agreement with Vijametech and UPMC
Monday, 5 Jun 2017 08:15am EDT 

June 5 (Reuters) - Varian Medical Systems Inc :Signed an agreement with vijametech and upmc, to develop plans for future radiation oncology centers in vietnam.Co, vijametech, upmc will be collaborating with ministry of health and vietnam national cancer hospital.  Full Article

Varian probeam proton therapy system receives Shonin approval
Wednesday, 10 May 2017 08:00am EDT 

May 10 (Reuters) - Varian Medical Systems Inc :Varian probeam proton therapy system receives shonin approval.Varian medical systems- received shonin approval from japanese ministry of health, labor and welfare to market probeam system for proton therapy in japan.  Full Article

Varex Imaging announces Q2 earnings per share $0.40
Thursday, 4 May 2017 04:01pm EDT 

May 4 (Reuters) - Varex Imaging Corp :Varex Imaging announces financial results for the second quarter of fiscal year 2017.Q2 earnings per share $0.40.Q2 revenue rose 3 percent to $155 million.Varex Imaging Corp - For fiscal year 2017, Varex maintains its previous expectation that organic revenues will grow by 3% to 4% over fiscal year 2016.  Full Article

Varian Medical Systems Q2 non-gaap EPS $0.89 from continuing operations
Wednesday, 26 Apr 2017 04:02pm EDT 

April 26 (Reuters) - Varian Medical Systems Inc ::Varian Medical Systems reports results for second quarter of fiscal year 2017.Q2 revenue rose 6 percent to $655 million.Sees q3 non-gaap earnings per share $0.92 to $0.96.Q2 non-gaap earnings per share $0.89 from continuing operations.Q2 gaap earnings per share $0.74 from continuing operations.Q2 earnings per share view $0.90, revenue view $650.0 million -- Thomson Reuters I/B/E/S.Q3 earnings per share view $0.97 -- Thomson Reuters I/B/E/S.Says company ended quarter with a $3.1 billion backlog, up 4 percent from same point in fiscal year 2016.Varian Medical Systems - for full fiscal year, sees total company revenues from continuing operations growing in range of 2 to 4 percent.Varian Medical Systems - for second through fourth quarters, expects earnings per diluted share from continuing operations in range of $2.98 to $3.06.Varian Medical Systems Inc- for third fiscal quarter, we believe varian revenues from continuing operations will grow by about 3 percent.Varian Medical Systems Inc- for third fiscal quarter expect that non-gaap earnings per diluted share will be in range of $0.92 to $0.96 for varian.  Full Article

Varian Medical Systems names new CFO
Wednesday, 5 Apr 2017 08:30am EDT 

Varian Medical Systems Inc : Varian Medical Systems names new CFO . Varian medical systems inc says named Gary E. Bischoping of dell technologies as chief financial officer effective may 8, 2017 .Bischoping will replace Elisha W. Finney.  Full Article

BRIEF-Varian Medical Systems Inc says ‍terminated credit agreement entered into as of August 27, 2013

* Varian Medical Systems Inc - ‍on September 1, co replaced its $800 million revolving credit facility with revolving credit facility​