Varian Medical Systems, Inc. announced unaudited consolidated earnings results for the first quarter ended December 28, 2012. For the quarter, the company reported revenues of $678.4 million compared to $625.3 million a year ago. Operating earnings were $137.5 million compared to $128.9 million a year ago. Earnings before taxes were $138.2 million compared to $129.2 million a year ago. Net earnings were $95.3 million or $0.86 per diluted share compared to $90.2 million or $0.79 per diluted share a year ago.

For the second quarter of fiscal year 2013, the company expects total revenues could increase by about 5% to 6% over the prior year quarter. With the balance of restructuring charges from the enhanced retirement program, net earnings per diluted share for the second quarter should be in the range of $0.98 to $1.03.

For the fiscal year 2013, the company continues to believe that total revenues could increase by about 8% to 9% over the prior fiscal year. Net earnings per diluted share for the fiscal year could be in the range of $4.08 to $4.16.