Varian Medical Systems Reports Results For Second Quarter Of Fiscal Year 2014

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PALO ALTO, Calif., April 23, 2014 /PRNewswire/ -- Varian Medical Systems /quotes/zigman/247920/delayed/quotes/nls/var VAR -0.18% today is reporting net earnings of $0.88 per diluted share in the second quarter of fiscal year 2014, including a $0.16 charge per diluted share related to a previously announced settlement of patent litigation. Varian's company-wide revenues totaled $779 million for the second quarter of fiscal year 2014, up 1 percent from the year-ago quarter. Varian ended the second quarter with a $2.8 billion backlog, up 2 percent from the end of the second quarter of fiscal year 2013.

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