Landec (LNDC) Misses Q2 EPS by 17c, Offers Q3 and FY Guidnce

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Landec Corporation Reports Second Quarter and First Half Fiscal 2020 Results

January 2, 2020 4:05 PM EST

SANTA MARIA, Calif., Jan. 02, 2020 (GLOBE NEWSWIRE) -- Landec Corporation (Nasdaq: LNDC), a diversified health and wellness company with two operating businesses, Curation Foods, Inc. and Lifecore Biomedical, Inc., reported results for the fiscal 2020 second quarter and first six months ended November 24, 2019. Landec plans to create shareholder value by delivering against its long-term financial targets, investing in growth, strengthening its balance sheet, implementing strategic priorities to improve operating margins at Curation Foods and driving topline growth at Lifecore.

FISCAL SECOND QUARTER 2020 BUSINESS HIGHLIGHTS

Revenues of $142.6... More