Varian Medical Systems, Inc. (NYSE:VAR) Files An 8-K

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Varian Medical Systems, Inc. (NYSE:VAR) is announcing the guidance information it intends to provide at the time it reports its results for the fourth quarter of its 2016 fiscal year and for its 2016 fiscal year, scheduled to occur on October 26, 2016, in light of the Company’s planned spin off of its Imaging Components business as a new, stand-alone public company – Varex Imaging Corporation. At the time it reports its results for the fourth quarter of its 2016 fiscal year and for its 2016 fiscal year, the Company intends to provide complete revenue and earnings guidance for the Company, including its Imaging Components business, for the first quarter of its 2017 fiscal year and revenue guidance for both the Company and Varex Imaging Corporation for their respective 2017 fiscal years and does not intend to provide annual earnings guidance for the Company or for Varex Imaging Corporation until after the spin off has been completed. The Company further expects to provide full revenue and earnings guidance for the Company for its 2017 fiscal year at the time it reports the Company’s results for the first quarter of its 2017 fiscal year at the end of January 2017 and also expects to provide 2017 fiscal year revenue and earnings guidance for Varex Imaging Corporation at that time.