| HOME >> BIOLOGY >> TECHNOLOGY |
Operating income for the second fiscal quarter of 2011 was $11.9 million, a 4 percent increase compared with operating income of $11.4 million for fiscal 2010. Other income for the second fiscal quarter increased 18 percent to $0.5 million.
The effective tax rate was 34.6% and 33.6% for the second fiscal quarter of 2011 and 2010, respectively. Net income for the second fiscal quarter ended March 31, 2011 was $8.0 million, an increase of 2 percent compared with $7.8 million for the second fiscal quarter of 2010. The resulting diluted earnings per share for the second fiscal quarter of 2011 were $0.85 compared with $0.83 for the second fiscal quarter of 2010. Earnings before interest, taxes, depreciation and amortization ("EBITDA") were $14.2 million, a 7 percent increase compared with $13.3 million a year ago. The increase was due primarily to revenue growth, lower product costs based on revenue mix and favorable equity earnings of joint ventures for the second fiscal quarter of 2011. A reconciliation of net income to EBITDA is included in the attached financial exhibits.
Radiation Monitoring SegmentRadiation Monitoring revenues for the second fiscal quarter of 2011 declined 3 percent, or $0.8 million, to $27.5 million. Of the decline, $0.7 million is due to the previ
'/>"/>
| SOURCE Landauer, Inc. Copyright©2010 PR Newswire. All rights reserved |