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Stock Market & Financial Investment News

News Breaks
February 11, 2013
16:04 EDTLDRLandauer affirms view of FY13 revenue $164M-$168M, consensus $164.5M
The company said, "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. Landauer's business plan for fiscal 2013 currently anticipates aggregate revenues for the year to be in the range of $164M-$168M. The business plan also anticipates a blended effective tax rate for the full fiscal year in the range of 32%-35%. Based upon the above assumptions, the Company anticipates reported net income for fiscal 2013 in the range of $21M-$23M and Adjusted EBITDA expected for fiscal 2013 in the range of $55M-$58M."
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