What happened In response to reporting fiscal third-quarter results, shares of Varian Medical Systems (NYSE: VAR), a leading provider of radiation-therapy products, slumped as much as 10% on Wednesday. Shares were down about 9% as of 3:32 p.m. EDT. So what Here's a look at the key numbers from the quarter: Revenue grew 16%, to $826 million. This was substantially ahead of the $760 million in revenue that analysts were expecting. It was also negatively impacted by $10 million, due to the U.S/China tariffs. Generally accepted accounting principles (GAAP) earnings were impacted by a $51 million goodwill impairment charge and $31 million in acquisition costs. Non-GAAP earnings per share were $1.32. That was ahead of the $1.14 that Wall Street was expecting. Management also tweaked its full-year guidance: Revenue is now expected to grow 9% to 10%. That's ahead of the 8% growth that analysts were expecting. Non-GAAP earnings are expected to land between $4.58 and $4.63. This is down from its prior forecast of $4.55 to $4.75. It's also below the $4.69 that Wall Street was modeling for the full year. Cash flow from operations is now expected to land between $430 million and $470 million. That's a decline from management's prior range of $440 million to $490 million. Image source: Getty Images. Traders appear to be looking past the upbeat quarterly numbers and are focusing on the downward revision to full-year earnings per share. Now what Varian's stock was trading for more than 30 times trailing earnings prior to this release, so it makes sense that shares are selling off in the wake of a mixed earnings report. What's more, the consensus estimate on Wall Street calls for earnings to grow about 8% annually over the next five years, which is a modest growth rate for a company that's trading at a premium to the market. My view is that Varian is a fine company but growing far too slowly to attract my attention. I plan on focusing my time and capital on healthcare stocks with more attractive opportunities ahead. 10 stocks we like better than Varian Medical SystemsWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has quadrupled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Varian Medical Systems wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 1, 2019 Brian Feroldi has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Source