Tuesday, Landauer Inc. (LDR) reported that its first quarter net income declined 17% to $5.1 million compared to $6.1 million in the same quarter last year. On a per share basis net income decreased to $0.55 from $0.66 in the year ago quarter.
Revenues for the quarter increased 21% to $27.2 million compared to $22.4 million in the prior year quarter.
Looking Ahead, Company expects FY2010 revenue growth to be in the range of 25% to 30%. The company expects FY2010 net income increase in the range of 4% to 8%.
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