Varian revenues, earnings rise

Radiation therapy vendor Varian Medical Systems reported fiscal second-quarter revenues of $351 million, up 9% compared with the $320.6 million posted in the second quarter a year ago. For the period (end-April 1), the Palo Alto, CA-based firm had net earnings of $54 million, compared with net earnings of $44 million last year.

The second-quarter results also included gains in backlog and net orders, with contributions from established as well as emerging business areas, according to chairman and CEO Richard Levy.

By AuntMinnie.com staff writers
April 28, 2005

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