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Landauer, Inc. Reports Fiscal 2011 Second Quarter Results
Date:5/3/2011

GLENWOOD, Ill., May 3, 2011 /PRNewswire/ -- Landauer, Inc. (NYSE: LDR), a recognized global leader in personal and environmental radiation monitoring and the leading domestic provider of outsourced medical physics services, today reported financial results for its fiscal 2011 second quarter ended March 31, 2011.  

Fiscal 2011 Second Quarter Highlights

  • Revenue grew 2 percent to $32.3 million on contribution from Medical Physics segment and international growth.
  • Gross profit grew 4 percent to $20.7 million on increased revenue and mix.
  • Operating income increased 4 percent to $11.9 million.
  • Net income rose 2 percent to $8.0 million, or $0.85 per diluted share.

  • "The natural disasters in Japan and resulting nuclear emergency have heightened global awareness of the importance of radiation monitoring.  This awareness supports the strategic investments Landauer has made to position our technology with military personnel and first responders and reinforces our value proposition with targeted customers," stated Bill Saxelby, President and CEO of Landauer.  "Our technology is being deployed through our joint venture in Japan - Nagase Landauer, our partners in the Canadian government, and the U.S. Army to assist with the monitoring of emergency responders.  We are pleased that Landauer technology and equipment is helping to support the response in this difficult situation."

    Saxelby added, "We continued to gain traction with our Medical Physics business. In the quarter we signed a new contract for comprehensive medical physics services with a large multi-site system.  We continue to focus on organic growth and strategic expansion opportunities that support the safe utilization of radiation in the healthcare setting."

    Second Fiscal Quarter Financial Overview and Business Segment Result
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    SOURCE Landauer, Inc.
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