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Varian Associates: The high-technology firm said its...

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From Times Staff and Wire Reports

Varian Associates: The high-technology firm said its first-quarter net income slipped 18% from a year ago to $7.6 million as sales fell 2% to $326 million. While the figures were down from a year ago, the Palo Alto company said the results were an improvement over the previous quarter. Semiconductor equipment profits were affected by an industrywide slump.

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