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LANDAUER, INC. REPORTS SECOND QUARTER EARNINGS

 GLENWOOD, Ill., April 29 /PRNewswire/ -- Landauer, Inc. (AMEX: LDR) reported today that net income for the quarter ended March 31, 1993 increased 4 percent to $2,119,000, or $.25 per share, from $2,037,000, or $.24 per share, for the same period in 1992. The company, a recognized leader in radiation monitoring and radon gas detection services, reported revenues of $7,640,000 for the second fiscal quarter of 1993, an increase of 10 percent compared with revenues of $6,953,000 last year.
 For the first half of fiscal 1993, the company reported earnings of $4,118,000 compared with $3,950,000 for the same period a year ago. Earnings per share thus far in 1993 are $.49, a 4 percent gain compared with earnings per share $.47 in 1992. Revenues for the first six months of fiscal 1993 were $14,776,000, 10 percent higher than $13,448,000 reported for the first six months in 1992.
 Although operating income increased by almost 8 percent for the three-month and six-month periods, the rate of increase lagged revenue growth as a result of increased efforts in new market and product development. The rate of growth in net income was further diminished by lower investment income.
 LANDAUER, INC.
 Second Quarter Fiscal 1993 Financial Highlights
 (Unaudited; amounts in thousands, except per share data)
 Three Months Six Months
 Period ended 3/31/93 3/28/92 3/31/93 3/28/92
 Net revenues $ 7,640 $ 6,953 $14,776 $13,448
 Operating income $ 3,220 $ 2,993 $ 6,175 $ 5,739
 Income before
 income taxes $ 3,385 $ 3,227 $ 6,555 $ 6,258
 Income taxes 1,266 1,190 2,437 2,308
 Net income $ 2,119 $ 2,037 $ 4,118 $ 3,950
 Net income per
 common share $0.25 $0.24 $0.49 $0.47
 Average shares
 outstanding 8,477 8,471 8,476 8,471
 -0- 04/28/93
 /CONTACT: James M. O'Connell, vice president and treasurer of Landauer, Inc., 708-755-7000/
 (LDR)


CO: Landauer, Inc. ST: Illinois IN: SU: ERN

AH -- NY070 -- 2662 04/29/93 12:32 EDT
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Publication:PR Newswire
Date:Apr 29, 1993
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