Radiation therapy firm Varian Medical Systems posted a 6% drop in revenue but higher net earnings for its first fiscal quarter of 2021.
For the period (end-January 1), total revenue amounted to $779 million, compared with revenue of $829 million during the same period in 2020. Lower sales in the company's Oncology Systems division contributed to the dip: The division produced sales of $744 million in the quarter, down 5% from sales in the first quarter of 2020.
Varian's net earnings for the first fiscal quarter were $97 million. The company's earnings were $88 million during the same period in 2020.
![A 53-year-old patient (patient number four) with a recurrent pituitary adenoma with extension of a cystic component of disease to the medial temporal lobe apparent on MRI (contoured in blue), and extension of disease to the left sphenoid bone and orbital apex apparent on [68Ga]Ga-DOTA-TATE (contoured in yellow).](https://img.auntminnie.com/mindful/smg/workspaces/default/uploads/2026/04/pituitary-tumor.QGsEnyB4bU.jpg?auto=format%2Ccompress&dpr=2&fit=crop&h=167&q=70&w=250)
