Why Varian Medical Systems Is Tanking Today
In response to reporting fiscal third-quarter results, shares of Varian Medical Systems (NYSE: VAR), a leading provider of radiation-therapy products, slumped as much as 10% on Wednesday. Shares were down about 9% as of 3:32 p.m. EDT.
Here's a look at the key numbers from the quarter:
Management also tweaked its full-year guidance:
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