Snyder's-Lance (LNCE) Tops Q1 EPS by 2c; Trims FY16 EPS Outlook
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Snyder's-Lance, Inc. Reports Results for First Quarter of Fiscal 2016
May 10, 2016 6:00 AM EDTCHARLOTTE, N.C., May 10, 2016 /PRNewswire/ --
Net revenue increased 15% to $463 million Net revenue declined 0.7% excluding Diamond Foods acquisition Diluted earnings per share, excluding special items*, increased 47% to $0.25 Net loss per share of $0.32 including special items Adjusted EBITDA* increased 45% to $55.7 million Updates 2016 full year outlook to reflect the acquisition of Diamond Foods* Descriptions of adjusted EBITDA and diluted earnings per share excluding special items are provided in "Use and Definition of Non-GAAP Measures," and reconciliations are provided in... More
