Landec (LNDC) Misses Q3 EPS by 1c, Q4 Revenue Guidance Beats
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Landec Corporation Reports Third Quarter and First Nine Months of Fiscal 2015 Results
March 31, 2015 4:05 PM EDTMENLO PARK, Calif., March 31, 2015 (GLOBE NEWSWIRE) -- Landec Corporation (Nasdaq: LNDC), a leading developer and marketer of innovative and proprietary products for healthy living applications in the food and biomedical markets, reported results for the third quarter of fiscal 2015 and first nine months ended March 1, 2015.
"We experienced continued growth in our third quarter," said Gary Steele, Landec's Chairman and CEO. "Consolidated revenues increased 10% compared to the third quarter of last year, driven primarily from the 90% growth in sales of Eat Smart® superfood products at Apio Inc., our food business. Overall revenues in Apio's value-added... More