Landec (LNDC) Tops Q2 EPS by 1c; Sees FY16 Reveue up 3% - 6%

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Landec Corporation Reports Second Quarter and First Half Fiscal 2016 Results

January 5, 2016 4:11 PM EST

MENLO PARK, Calif., Jan. 05, 2016 (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 second quarter of fiscal 2016 and first six months ended November 29, 2015. 

During the second quarter, Apio experienced severe produce shortages and increased costs for many of its key vegetables due to very poor yields and quality, said Molly Hemmeter, Landecs President and CEO. Despite our efforts to meet the increasing demand for our products, there was simply not enough... More