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Landauer, Inc. Reports Fiscal 2013 Second Quarter Results
Date:5/6/2013

or the first six months of fiscal 2013 decreased 1.3 percent, or $0.7 million, from the first six months of fiscal 2012 to $53.7 million. The decrease in the first six months of fiscal 2013 was primarily due to decreases of equipment sales by $.3 million and currency impacts of $0.3 million as compared to prior fiscal year first six months. 

Radiation Measurement operating income for the second fiscal quarter of 2013 decreased to $11.4 million, or 20.3 percent, from $14.3 million in the comparable prior year period.  The decrease in operating income was due to reduced Radiation Measurement revenue of $0.7 million, increased IT platform enhancement related expenses of $3.2 million, additional manufacturing and international costs of $0.6 million, additional customer service support of $0.8 million and acquisition costs of $.3 million, offset by prior fiscal year first six months acquisition costs of $2.2 million and prior year IT platform costs of $.6 million.

Medical Physics SegmentMedical Physics revenues for the first six months of fiscal 2013 increased 0.7 percent, or $0.1 million, from the comparable period in fiscal 2012 to $15.2 million due to the impact of acquired companies.  The Medical Physics segment operating income was $1.5 million, or 9.9 percent of revenues, as compared to $1.0 million, or 6.6 percent of revenues, in the first six months of fiscal 2012 due primarily to decreased service costs of $.5 million. 

Medical Products SegmentMedical Products revenues for the first six months of fiscal 2013 decreased 21.0 percent, or $1.3 million, from the first six months of fiscal 2012 to $4.9 million. Medical Products operating income for the first six months of fiscal 2013 was $1.0 million, or 20.4 percent of revenues, as compared to $2.4 million, or 38.7 percent of revenues, in the first six months of fiscal 2012.  The decrease in revenue and operating income is due primarily to a decline in sel
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SOURCE Landauer, Inc.
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