Landec (LNDC) Reports In-Line Q4 EPS
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Landec Corporation Reports Fourth Quarter and Fiscal 2017 Results
July 25, 2017 4:19 PM EDTMENLO PARK, Calif., July 25, 2017 (GLOBE NEWSWIRE) -- Landec Corporation (NASDAQ: LNDC), a leading innovator of diversified health and wellness solutions within the packaged natural food and biomaterial markets, reported results for the fiscal 2017 fourth quarter and fiscal year ended May 28, 2017.Â
For fiscal 2017, Lifecore delivered a record year with revenues increasing 18% to $59.4 million compared to last year and operating income increasing 13% to $15.9 million, commented Molly Hemmeter, Landecs President and CEO. The shift of Lifecores business model from a premium supplier of hyaluronic acid (HA) to a fully integrated contract development and manufacturing organization (CDMO) for... More
