Radiation therapy and x-ray firm Varian Medical Systems said it expects earnings per diluted share for the second quarter of fiscal 2003 to increase by 35% to 40% compared to the same period in fiscal 2002, well ahead of its previous growth estimates of about 26% for the quarter. Along with continued strength in its oncology systems business, the Palo Alto, CA-based vendor said it has seen a stronger-than-anticipated recovery in its x-ray products business for the quarter.
By AuntMinnie.com staff writersApril 8, 2003
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