"title": "Varian Reports Results for Fourth Quarter and Full Fiscal Year 2019; Appoints New President of Interventional Oncology Solutions and New Chief Financial Officer", Home SEC Filings Varian Medical Systems Inc (VAR) 10-K Annual Report Mon Nov 25 2019 VAR Corporate News Change in Control Ending Agreement Event for Officers April 2021 Event for Officers Financial Exhibit April 2021 Event for Officers March 2021 Event for Officers Financial Exhibit Regulated Disclosure March 2021 Earnings Release Financial Exhibit As a result, all financial results described here should be considered preliminary, and are subject to change to reflect any necessary adjustments, completion of purchase accounting, or changes in accounting estimates, that are identified prior to the time the company files the Form 10-K. Varian Medical Systems, Inc. and Subsidiaries, Preliminary Condensed Consolidated Statements of Earnings, Acquisition-related expenses and in-process research and development, Less: Net earnings (loss) attributable to non-controlling interests. We provide information on topics such as financial results, the development of Siemens Healthineers and financial events. Previously he served as Senior Vice President and CFO of Dell's Asia Pacific and Japan Commercial Business and Vice President of the Greater China Commercial Business. PALO ALTO, Calif., Jan. 30, 2017 /PRNewswire/ --Varian Medical Systems (NYSE: VAR) today announced it has successfully completed the separation of its Imaging Components Business, which is now established as Varex Imaging Corporation (NASDAQ: VREX). This announcement is not directed to, or intended for distribution to or use by, any natural person or entity that is a citizen or resident or located in any locality, state, country or other jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation of such jurisdiction or which would require any registration or licensing within such jurisdiction. These documents are available under the following internet link https://www.corporate.siemens-healthineers.com/investor-relations/presentations-financial-publications. Varian (NYSE: VAR) today announced its fourth quarter and full fiscal year 2019 results and new appointments to key leadership roles. SALT LAKE CITY, Jan. 30, 2017 /PRNewswire/ -- Varex Imaging Corporation (Nasdaq: VREX) today announced that its spin-off from Varian Medical Systems (NYSE: VAR) has been successfully. Ms. Kennedy served as President, Proton Solutions & Growth Office at Varian Medical Systems ("Varian") from 2018 until December 31, 2021 when she retired. The system features unique dual-layer MLC that enables high modulation with low leakage for every field or arc. FREMONT, Calif., May 31, 2023 (GLOBE NEWSWIRE) -- Aehr Test Systems (NASDAQ: AEHR ), a worldwide supplier of semiconductor test and production burn-in equipment, today announced the appointment of Chris Siu as the Company's Chief Financial Officer, Executive Vice President of Finance, and Secretary effective June 1, 2023.He will succeed Ken Spink, who previously announced his planned . For more information, visit http://www.varian.com and follow @VarianMedSys on Twitter. Please refer to "Discussion of Non-GAAP Financial Measures" below for a description of items excluded from expected non-GAAP earnings. Except for historical information, this news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although these events are reflected in our GAAP financials, these unique transactions may limit the comparability of our on-going operations with prior and future periods. Varian Announces First Participant Treated in RADIATE-VT Clinical Trial of Cardiac Radioablation . [7] After the merger it will continue to operate independently and will retain its headquarters along with its 10,000 employees. Mr. Bruff served Dell for 19 years in both domestic and international roles, most recently as Senior Vice President of North America Sales Strategy & Planning. Welcome to Investor Relations. Significant non-recurring tax expense or benefit: We may incur significant tax expense or benefit as a result of tax legislation and/or a change in judgment about the need for a valuation allowance that are generally unrelated to the level of business activity in the period in which these tax effects are reported. As a leading medical technology company headquartered in Erlangen, Germany, Siemens Healthineers enables healthcare providers worldwide through its regional companies to increase value by empowering them on their journey towards expanding precision medicine, transforming care delivery, improving the patient experience, and digitalizing healthcare. Primarily includes $22.0 million gain on the sale of our investment in Augmenix in fiscal year 2019. "category": "Corporate and Financial Releases" We do not trade equity investments, and we do not plan on these investments for funding of ongoing operations. By their nature, such forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance or achievements of the Siemens Healthineers to be materially different from results, performance or achievements expressed or implied by such forward-looking statements. FREMONT, Calif., May 31, 2023 (GLOBE NEWSWIRE) Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor test and production burn-in equipment, today announced the appointment of Chris Siu as the Company's Chief Financial Officer, Executive Vice President of Finance, and Secretary effective June 1, 2023.He will succeed Ken Spink, who previously announced his planned . This announcement includes "forward-looking statements". Net cash provided by operating activities was $118 million, up 9%. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the . Acquisition and integration-related expenses and in-process research and development: We incur expenses or benefits with respect to certain items associated with our acquisitions, such as transaction costs, hedging gains and losses, changes in the fair value of contingent consideration liabilities, gain or expense on settlement of pre-existing relationships, integration costs, breakup fees, write-off of in-process research and development, etc. At Varian, a Siemens Healthineers company, we envision a world without fear of cancer. Mit Ihrer Anmeldung erklren Sie sich damit einverstanden, Inhalte von uns zu erhalten. Varian has approximately 94 million shares outstanding and Varex has approximately 38 million shares outstanding. With an Intelligent Cancer Care approach, we are harnessing advanced technologies like artificial intelligence, machine learning and data analytics to enhance cancer treatment and expand access to care. We have strong momentum exiting our fourth quarter and our long-term growth and value creation strategy is delivering for patients, clinicians and our shareholders. Patient-centered innovation has been and always will be at the core of our company. [34] Varian also develops medical software and radiology information system for proton treatment planning system. Impairment charges:We incur impairment charges that result from events, which arise from unforeseen circumstances and/or often occur outside of the ordinary course of our on-going business. [citation needed]. Varian Medical Systems is an American radiation oncology treatments and software maker based in Palo Alto, California.Their medical devices include linear accelerators (LINACs) and software for treating cancer and other medical conditions with radiotherapy, radiosurgery, proton therapy, and brachytherapy.The company supplies software for managing cancer clinics, radiotherapy centers, and . Varian Medical Systems Invests in Bend It Technologies, Ltd., a Company Developing Novel Steerable Microcatheters Patented technology provides interventionalists with 3D-controlled bending. [26], On January 30, 2017, spin-off of Varex Imaging Corporation (manufacturing of X-ray imaging products) from Varian Medical Systems had been successfully completed. Revenues for our Other segment were $17 million in the fourth quarter. Discover the stories of pioneers pushing the boundaries of whats possible in healthcare to help improve peoples lives around the world. { . We exclude these charges or benefits, when significant, as well as legal costs associated with significant legal matters, because we do not believe they are reflective of on-going business and operating results. Yelp is a fun and easy way to find, recommend and talk about what's great and not so great in Las Vegas and beyond. The new shares will be offered for purchase exclusively to. PALO ALTO, Calif., Oct. 23, 2019 /PRNewswire/ -- Fourth Quarter 2019 Summary Oncology Systems gross orders grew 7% in dollars and 7% in constant currency; North America gross orders grew 10%; 17 Ethos orders received in Europe and Australia Total company revenues grew 10% in dollars, or 11% in constant currency, to $879 million "introText": "", For everyone. Non-GAAP net earnings per fully diluted share excludes the following items: Amortization of intangible assets: We do not acquire businesses and assets on a predictable cycle. "These moves will optimally position Varian for continued growth and are the result of our strong succession planning process," said Wilson. "pageType": "news-article", In addition, these measures may be different from non-GAAP measures used by other companies, limiting their usefulness for comparison purposes. [33] These are an all pencil-beam scanning proton therapy system utilizing IMPT (intensity modulated proton therapy), which was developed with PSI of Switzerland. Gross orders for the fourth quarter were $1.1 billion, up 7%, and $3.4 billion for the full year, up 9%. Together. Such forward-looking statements are based on numerous assumptions regarding Siemens Healthineers present and future business strategies and the market environment in which Siemens Healthineers will operate in the future. Mr. Bruff earned his Bachelor of Arts in Economics and Bachelor of Science in Accounting from the University of Maryland in 1990 and 1992, respectively. We expect to recognize this benefit in fiscal year 2020. NYSE: VAR. The company received two tariff exclusions in the fourth quarter. [14][15] The deal was approved and completed on 15 April 2021. Represents the tax effect of a change in law related to the U.S. Tax Cuts and Jobs Act. 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