Landec (LNDC) Tops Q1 EPS by 2c; Guides Q2
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Landec Corporation Reports Fiscal First Quarter 2017 Results
September 27, 2016 4:05 PM EDTGross Margin Improves 270 Basis Points and Operating Income Increases 39%
Company Reiterates Full Year Fiscal 2017 Guidance
MENLO PARK, Calif., Sept. 27, 2016 (GLOBE NEWSWIRE) -- Landec Corporation (NASDAQ: LNDC), a leading innovator of diversified health and wellness solutions within the packaged food and biomaterial markets, reported results for the fiscal 2017 first quarter ended August 28, 2016.Â
For the first quarter, our consolidated gross margin increased 270 basis points to 16.0% and net income increased 12% to $0.12 per share compared to the first quarter of last... More
