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Nordion (NYSE:NDZ) posts a mixed FQ2, missing on a per share basis but beating on revenue. Total...

Jun. 05, 2013 6:02 PM ETNordion Inc. (NDZ) StockNDZBy: David Yelle, SA News Editor

Nordion (NYSE:NDZ) posts a mixed FQ2, missing on a per share basis but beating on revenue. Total sales rose by 12% Y/Y, but net profit fell 77% as the medical-technology company posted significantly higher selling and administrative expenses. Targeted-therapies revenue was up 6.1%, while sterilization-technologies sales jumped 36%. Sales in the medical-isotopes segment however, were roughly flat. Total costs and expenses grew 17%, as SG&A costs rose 58%.

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