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Varian, Inc. Reports First Quarter 2008 Results
Date:1/23/2008

$62,935 $57,576

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Research and Development

U.S. GAAP as reported $17,180 $15,610

Adjustments:

Share-based compensation expense (115) (128)

Restructuring and other related costs (320) -

------------ ------------

As adjusted $16,745 $15,482

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VARIAN, INC. AND SUBSIDIARY COMPANIES

RECONCILIATION OF GAAP TO ADJUSTED RESULTS - ACTUAL

UNAUDITED RESULTS OF OPERATIONS

(In thousands, except margin data)

First Quarter FY 2008 and First Quarter FY 2007

Fiscal Quarter Ended

------------------------------

December 28, December 29,

2007 2006

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TOTAL COMPANY (Continued)

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Operating Earnings

U.S. GAAP as reported $24,142 $22,888

Adjustments:

Share-based compensation expense 1,638 2,845

Acquisition-related intangible

amortization 1,829 2,247

Acquisition-related inventory

write-up amortization 480 271

Restructuring and other related costs 2,001 115


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SOURCE Varian, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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