Varian Medical Systems, Inc. Reports Strong Third Quarter Earnings, Sales, Net Orders, And Backlog For Fiscal 2002 | Varian

Varian Medical Systems, Inc. Reports Strong Third Quarter Earnings, Sales, Net Orders, And Backlog For Fiscal 2002

Corporate and Financial Releases
July 25, 2002 
Palo Alto, Calif. - July 25, 2002 — Varian Medical Systems(NYSE:VAR) today reported net earnings of $22.8 million ($0.32 per diluted
share) for the third quarter of fiscal 2002 versus net earnings of $17.4
million ($0.25 per diluted share) in the year-ago quarter.  Sales for the
quarter totaled $216 million, up 16 percent from the same period of the last
fiscal year.  Net orders for the quarter were $250 million, up 17 percent
from the prior-year period, with growth in both major business segments. 
At quarter's end, the backlog for the company was at a record $666 million, up
15 percent from the third quarter of last year.Please click here
to read this release in its entirety.