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Landauer, Inc. Reports Fiscal 2013 First Quarter Results
Date:2/11/2013

GLENWOOD, Ill., Feb. 11, 2013 /PRNewswire/ -- Landauer, Inc. (NYSE: LDR), a recognized leader in personal and environmental radiation measurement and monitoring, outsourced medical physics services and high quality medical consumable accessories, today reported financial results for its fiscal 2013 first quarter ended December 31, 2012.

Fiscal 2013 First Quarter Highlights

  • Revenue of $36.7 million in the first quarter of fiscal 2013
  • First fiscal quarter 2013 operating income of $6.7 million includes IT platform enhancement expense ($1.2 million) and non-cash stock based compensation ($0.7 million)
  • Net income of $4.9 million, or $0.52 per diluted share, included $0.06 per diluted share of IT platform enhancement, and non-cash stock based compensation expenses
  • EBITDA of $11.5 million for fiscal 1Q13
  • Company continued successful stabilization of IT platform following fiscal 4Q12 launch
  • Company reaffirms fiscal 2013 guidance

    • "During the quarter, we focused on several strategic initiatives to further our competitive positioning and long-term growth.  Our IT systems initiative is well into the stabilization phase after a successful launch and opportunities in the military and emergency response markets have continued to expand with Radwatch system revenue in the quarter," said Bill Saxelby, President and CEO of Landauer. "We continued to make investments in technology which we believe will lead to new growth opportunities and we strengthened our human capital across a variety of key functions. These strategic efforts during the quarter, combined with our expectations and the opportunities that we see over the remainder of the year, leave us well positioned to achieve our fiscal 2013 guidance."

    First Fiscal Quarter Financial Overview and Business Segment ResultsRevenues for the first fiscal quarter
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    SOURCE Landauer, Inc.
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