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