Landauer, Inc. (NYSE:LDR) reported financial results for its fiscal 2011 third quarter ended June 30, 2011. Revenue grew 11 percent to $29.2 million on contribution from Medical Physics segment and international growth, primarily due to favorable exchange. Gross profit grew 6 percent to $17.1 million on increased revenue and mix. Operating income declined 2 percent to $7.8 million on increased selling, general and administrative spending to support long-term growth.
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