Seneca Foods (SENEA) Reports Q3 EPS of $0.65

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Go back to Seneca Foods (SENEA) Reports Q3 EPS of $0.65

Seneca Foods Reports Net Earnings of $6.5 Million for the Quarter Ended September 26, 2015

November 2, 2015 4:15 PM EST

MARION, N.Y., Nov. 02, 2015 (GLOBE NEWSWIRE) -- Seneca Foods Corporation (NASDAQ: SENEA) (NASDAQ: SENEB) reported for the second quarter of 2016, net earnings of $6.5 million, or $0.65 per diluted share, compared to a net loss of $0.6 million, or $(0.05) per diluted share, in the fiscal second quarter of 2016.   Net sales for the second quarter ended September 26, 2015 increased from the second quarter ended September 27, 2014 by 0.3%, or $1.0 million to $313.2 million.  The increase is attributable to a favorable sales mix and higher selling prices of $4.0 million partially offset a by a sales... More