June 2007 -- Varian Medical Systems -- a manufacturer of medical technology for treating cancer and other medical conditions with radiotherapy, brachytherapy, and radiosurgery -- also supplies X-ray tubes and digital image detectors for imaging in medical, scientific, and industrial applications.
For a company that is dedicated to ensuring health, it seems fitting that the company's financials are robust. The company reported net earnings of $61 million for the second quarter of fiscal year 2007 versus net earnings of $56 million in the year-ago quarter. Revenues for the quarter rose 7% to $443 million.
"Our developing businesses in flat panel digital detectors for filmless X-ray, security and inspection products, and ACCEL proton therapy and research instruments contributed to double-digit growth in net orders for both the second quarter and the first half despite a flat Oncology Systems business," said Tim Guertin, president and CEO of Varian Medical Systems.
