Varian Medical Systems (VAR) Falls On Weak Fourth Quarter Earnings

Shares of Varian Medical Systems (VAR) plunged last week, after the software and medical device maker reported lackluster fourth quarter earnings. The company’s earnings per share were flat from the prior year quarter at $1.08, although profit fell from $120.2 to $117.3 million, due to an increase in outstanding shares. Revenue rose 1.8% to $769.9 Read the full article... Read the rest of Varian Medical Systems (VAR) Falls On Weak Fourth Quarter Earnings at InvestorGuide.com .
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