Varian Medical Systems Reports Earnings Results for First Quarter of Fiscal 2016; Provides Earnings Guidance for the Second Quarter and Full Year of 2016
The company provided earnings guidance for the second quarter and full year of 2016. For the second quarter, the company expects adjusted earnings to range from $1.06 to $1.10 per share on 1% to 2% growth in revenues.
For full year 2016, the company expects adjusted earnings to range from $4.55 to $4.65 per share on 4% to 5% growth in revenues.