LNDC - Landec EPS misses by $0.13 misses on revenue

Landec (LNDC): FQ3 Non-GAAP EPS of -$0.09 misses by $0.13; GAAP EPS of -$0.19 misses by $0.21.Revenue of $137.78M (-9.9% Y/Y) misses by $2.01M.Adjusted EBITDA of $7.6 million, compared to $6.8 million in the prior year periodLifecore segment adjusted EBITDA of $8.1 million, compared to $7.6 million in the prior year period.2021 Guidance: Revenues: range of $523 million to $532 million (-11.5% to -10%) vs. consensus of $542.62M; Lifecore: range of $93 million to $97 million (+8% to +13%); Curation Foods: range of $430 million to $435 million (-15% to -14%); Adjusted EBITDA: range of $27 million to $29 million (+23% to +32%).Press Release

For further details see:

Landec EPS misses by $0.13, misses on revenue