Navigation Links
Varian Medical Systems Reports Results for Fourth Quarter of Fiscal Year 2011
Date:10/27/2011

PALO ALTO, Calif., Oct. 27, 2011 /PRNewswire/ -- Varian Medical Systems (NYSE: VAR) today is reporting net earnings from continuing operations of $0.95 per diluted share in the fourth quarter of fiscal year 2011, up 9 percent from $0.87 in the year-ago quarter.  Net earnings per diluted share from continuing operations for fiscal year 2011 climbed to $3.44, up 16 percent from $2.96 in fiscal year 2010.  Including a charge for discontinued operations, net earnings were $0.87 per diluted share for the fourth quarter and $3.36 for the fiscal year.  

Varian's company-wide revenues totaled $719 million for the fourth quarter of fiscal 2011 and $2.6 billion for the full fiscal year, each up 10 percent from the comparable periods in fiscal year 2010. The company ended fiscal year 2011 with a $2.5 billion backlog, up 15 percent from the end of fiscal year 2010.  

"Our core businesses in Oncology Systems and X-Ray Products ended the fiscal year on a solid footing with healthy growth in their revenues, net orders and backlogs," said Tim Guertin, president and CEO of Varian Medical Systems.  "Our Varian Particle Therapy business booked a proton therapy equipment order in the quarter.  Profit margins were down moderately for the quarter as we began to book revenue for the proton project.  Compared to fiscal 2010, the company's 2011 gross margin increased and the operating margin was flat."  

The company ended the fiscal year with $564 million in cash and cash equivalents and $198 million of debt. During the fourth quarter, the company spent $267 million to repurchase 4.8 million shares of common stock, including an accelerated buyback of 3.8 million shares.  The company ended the quarter with accounts receivable days sales outstanding of 80, an improvement of two days from the year-ago quarter.

Oncology SystemsOncology
'/>"/>

SOURCE Varian Medical Systems
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9

Related medicine technology :

1. Advances in Radiotherapy Detailed at Cancer Summit Organized by Varian Medical Systems
2. Varian Medical Systems Publishes First Sustainability Report Outlining Environmental, Charitable, Safety and Health Access Achievements
3. Varian Medical Systems Schedules Fiscal Year End Review for Investors in New York
4. Varian Medical Systems Announces New Management Positions
5. Varian Medical Systems Books $88 Million Order to Equip Proton Treatment Center
6. Varian Medical Systems ARIA Ranked No. 1 in 2011 KLAS Report on Oncology IT Vendors
7. Varian Medical Systems Schedules Fourth Quarter FY2011 News Release and Conference Call
8. Varian Medical Systems Signs Agreement to Acquire Calypso Medical Technologies; Acquisition Adds Products for Tracking Tumor Motion During Radiosurgery and Radiotherapy
9. Varian Medical Systems Announces $250 Million Accelerated Stock Repurchase; Increases Its Revolving Credit Facility
10. Varian Medical Systems Schedules Investor Meeting at ASTRO in Miami Beach, FL
11. Scientific Presentations at 2011 AAPM/COMP Meeting Highlight TrueBeam® and RapidArc® Radiotherapy Systems From Varian Medical Systems
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/25/2014)... 2014 Burzynski Research Institute, Inc. (BRI) announced ... has given the company permission to conduct an open-label ... 3 months of age with a diffuse intrinsic brainstem ... of five treatment groups based on their age and ... DIPG. The primary study endpoint is a decrease in ...
(Date:10/22/2014)... Oct. 22, 2014  Cephasonics, a technology-innovation leader with ... the cQUB™-1 (cQuest Ultrasound Box™-1), the first product in ... and manufactured by Cephasonics for purchase by companies to ... Cephasonics will be showcasing the cQUB-1 for the first ... in Chongqing, China from October ...
(Date:10/22/2014)... Calif. , Oct 22, 2014 Antigen ... Irvine, California , announced the receipt of ... Business Innovation Research award (SBIR) from the National Institute of Dental ... fund the development of a Pan-HIV Protein Microarray Chip, ... HIV-1 and HIV-2 subtypes and aid in the development ...
Breaking Medicine Technology:Burzynski Research Institute, Inc. Announces FDA Permission to Launch a New Clinical Trial in Diffuse Intrinsic Brainstem Glioma 2Cephasonics Launches the cQUB-1, First Product in New Family of cQUB White-Label Ultrasound Systems Targeted at Medical Applications 2Cephasonics Launches the cQUB-1, First Product in New Family of cQUB White-Label Ultrasound Systems Targeted at Medical Applications 3Biomarker Discovery Company, Antigen Discovery Inc., Awarded an NIH Phase I Small Business Innovation Research Grant to Develop a Pan-HIV Protein Microarray Chip 2
(Date:10/25/2014)... NC (PRWEB) October 25, 2014 Mesothelioma ... who continued to receive pemetrexed (Alimta), after his combination ... read the full story , just posted on the ... from Uji Tokushukai Medical Center in Japan suggests that ... mesothelioma patients who cannot tolerate higher doses ...
(Date:10/25/2014)... Steven Reinberg HealthDay Reporter ... causes common cold sores -- herpes simplex -- might increase ... suggest. In fact, being a carrier of certain antibodies ... the researchers found. "The identification of a treatable ... a breakthrough," said lead researcher Dr. Hugo Lovheim, an associate ...
(Date:10/25/2014)... THURSDAY, Oct. 23, 2014 (HealthDay News) -- A large ... West Africa is to avoid tens of thousands of ... Yale University researchers predict. Using a specially ... future of the outbreak in just one densely populated ... the capital city of Monrovia. The researchers said ...
(Date:10/25/2014)... -- October,s shorter, darker days can trigger a type ... an expert. People affected by seasonal affective ... motivation and even have trouble getting out of bed. ... Dr. Angelos Halaris, a professor in the department of ... School of Medicine. "Seasonal affective disorder should not ...
(Date:10/22/2014)... 22, 2014 On October 22, CBS ... featuring skin diseases both fictional and real. The ... nonprofit organization committed to advocacy and philanthropy in the ... take the opportunity to impart truth and clarity about ... There are many misconceptions about Morgellons Disease ...
Breaking Medicine News(10 mins):Health News:New Report Illustrates Extended Mesothelioma Survival with “Maintenance Therapy”, According to Surviving Mesothelioma 2Health News:Studies Link Cold Sore Virus to Alzheimer's Risk 2Health News:Studies Link Cold Sore Virus to Alzheimer's Risk 3Health News:Experts Predict 'Catastrophic' Ebola Epidemic in West Africa if Aid Delayed 2Health News:Dark Days Here for Folks With Seasonal Depression 2Health News:CBS’ Criminal Minds takes aim at skin disease with Morgellons in the Mix 2Health News:CBS’ Criminal Minds takes aim at skin disease with Morgellons in the Mix 3
... -- Patients who undergo angioplasty to unblock a clogged ... in a cardiac rehabilitation program afterwards, researchers report. ... are significant given the fact that more than 600,000 ... according to the American Heart Association (AHA). In ...
... Randy Dotinga HealthDay Reporter , MONDAY, May 16 (HealthDay ... infested by parasites despite clinical evidence to the contrary. Now, ... in the patient,s head -- is often right on target. ... bugs, worms or germs had invaded their skin. In all but ...
... broadly support a strong commitment to medical and health ... and the state,s and the nation,s economy, according to ... Research!America and Northeast Ohio Medical University (NEOMED). ... health research is important42% say very importantto the state,s ...
... By Steven Reinberg HealthDay Reporter , MONDAY, ... control attention deficit hyperactivity disorder appear to be at ... taking ADHD medications, a new study finds. "ADHD ... might be expected to increase the risk of cardiovascular ...
... and Medicine announce Health System Reform in ... which focuses on the health system reforms Asian ... rapid economic, social, demographic and epidemiologic change in ... social science scholars, policymakers and professionals working in ...
... , MONDAY, May 16 (HealthDay News) -- The ... United States is strongly associated with a local area,s ... facilities provide end-of-life care that can improve pain control, ... lead author Dr. Maria Silveira, of the Veterans Affairs ...
Cached Medicine News:Health News:Cardiac Rehab Can Boost Survival After Angioplasty, Study Finds 2Health News:For Some, Bugs Crawling on Skin Is a Delusion 2Health News:Ohio residents: Medical and health research important to state's economy, jobs and incomes 2Health News:Ohio residents: Medical and health research important to state's economy, jobs and incomes 3Health News:Kids Taking ADHD Drugs at Low Risk for Heart Problems: Study 2Health News:Kids Taking ADHD Drugs at Low Risk for Heart Problems: Study 3Health News:Elsevier Health System Reform in Asia Conference 2Health News:Hospice Care More Common in Wealthier Areas, Study Finds 2
Designed to remove cell debris or tissue remnants from the retina....
... The Medtronic Model 6495 Bipolar Coaxial Temporary ... advantages of bipolar technology based on the ... Model 6500 Unipolar Temporary Pacing Lead., ,The ... provide consistent temporary sensing and pacing during ...
... presents the Streamline family of temporary sensing ... the gold standard in temporary pacing leads ... them easy to use and less traumatic ... Pacing Leads are designed to provide consistent ...
... assist device was designed specifically to obviate ... aorta. The eNcloseII device can provide the ... dramatically better hemodynamics as compared to partial ... have suggested that complete or partial clamping ...
Medicine Products: