(RTTNews) - Landauer Inc.(LDR: News ) reported that its fourth-quarter net income was $5.3 million, compared to $5.5 million last year. Earnings per share for the quarter were $0.56, compared to $0.59 in the year ago quarter. Revenues for the quarter increased 2% to $23.0 million, from $22.5 million a year ago. Analysts polled by Thomson Reuters expected the company to report earnings of $0.56 per share on revenues of $22.73 million for the quarter. Analysts' estimates typically exclude special items.

Landauer's business plan for fiscal 2010 anticipates currently aggregate revenue growth for the year to be in the range of 25 to 30 percent, with the recently completed acquisitions contributing 20 to 23 percent of the growth. The business plan anticipates expense spending of $2.5 to $3.5 million to support the successful completion of the Company's systems initiative and the related post implementation support.
The Company anticipates a net income increase in the range of 4 to 8 percent, excluding the impact of transaction related fees in fiscal 2010 and the fiscal 2009 after tax impact of pension curtailment and management reorganization charges of $1.8 million.

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by RTT Staff Writer

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