Landec (LNDC) Misses Q1 EPS by 2c

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Landec Corporation Reports Fiscal First Quarter 2016 Results

September 29, 2015 4:05 PM EDT

MENLO PARK, Calif., Sept. 29, 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 fiscal 2016 first quarter ended August 30, 2015.

"For the first quarter, consolidated revenues and net income increased 1% and 25%, respectively. It should be noted that the first quarter of last year had one extra week which resulted in approximately $9.0 million in additional revenues during the first quarter of last year," commented Gary Steele, Landec's Chairman and CEO. "Most notably, revenues at our Lifecore... More

Landec Corporation Reports Fiscal First Quarter 2016 Results

September 29, 2015 4:05 PM EDT

MENLO PARK, Calif., Sept. 29, 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 fiscal 2016 first quarter ended August 30, 2015.

"For the first quarter, consolidated revenues and net income increased 1% and 25%, respectively. It should be noted that the first quarter of last year had one extra week which resulted in approximately $9.0 million in additional revenues during the first quarter of last year," commented Gary Steele, Landec's Chairman and CEO. "Most notably, revenues at our Lifecore... More