Landec Corporation Reports Fiscal First Quarter 2018 Results
Landec Corporation (LNDC)
Last landec corporation earnings: 3/31 04:05 pm
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US:NASDAQ Investor Relations:
ir.landec.com/investor-relations
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Source: GlobeNewswire
Revenues Meet and Net Income Exceeds Expectations for First QuarterCompany Reiterates Full Year Fiscal 2018 Guidance MENLO PARK, Calif., Sept. 26, 2017 (GLOBE NEWSWIRE) -- Landec Corporation (NASDAQ:LNDC), a leading innovator of diversified health and wellness solutions within the branded natural food and biomaterial markets, reported results for the fiscal 2018 first quarter ended August 27, 2017. “We continue to make progress against our long-term strategic plan of driving growth and profitability through internal innovation capabilities within our natural food business, which includes Apio, Inc. and O Olive, Inc., and at Lifecore Biomedical, Inc., our biomaterials business,” commented Molly Hemmeter, Landec’s President and CEO. “At Apio, our Eat Smart® packaged fresh vegetables business is off to a strong start, with first quarter revenues increasing 7%, or $6.6 million, and gross profit increasing 4% or $609,000 compared to the first quarter last year. This performance was
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