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News Breaks | | | | February 11, 2013 | | 16:04 EDT |  | LDR | Landauer 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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| May 6, 2013 | | 16:10 EDT | | LDR | Landauer lowers FY13 revenue view to $150M-$155M from $164M-$168M
FY13 consensus $161.34M. FY13 adjusted EBITDA lowered to $51M-$53M. Sees FY13 net income $21M-$23M. "Our second quarter results reflect the stable operating environment in our Radiation Measurement segment, improved profitability in our Medical Physics segment and the challenging marketplace in our Medical Products unit," said Bill Saxelby, President and CEO of Landauer. "During the quarter, revenue growth in both our Radiation Measurement and Medical Physics businesses were flat to prior year due to the timing of new orders from military and first responder customers in the core Radiation Measurement business and the focus on improving operating margins in the Medical Physics business. Our Medical Products business experienced significant pricing pressure, which had a major impact on the revenue contributions from this business through our fiscal 2013 second quarter. As a result, we are lowering our revenue guidance expectations for the full year to reflect year to date performance and the current pricing and demand environment." | | | 16:07 EDT | | LDR | Landauer reports Q2 adjusted EPS 60c, consensus 65c
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