Landec now sees FY13 net income up 60%-70% vs. FY12 Previous guidance was for FY13 net income growth of 25%-35%. The updated guidance includes an additional $3.9M, or 15c per share, from a non-recurring earn-out adjustment.
News For LNDC From The Last 14 Days
Check below for free stories on LNDC the last two weeks.
Landec expects to meet or exceed FY14 revenue growth of 6% FY14 revenue consensus of $472.83M. Year-over-year consolidated net income is now estimated to be flat to up 5% compared to our original guidance for net income growth of approximately 20%, after excluding the $3.9M earn out adjustment in fiscal 2013.