Last €9.85 EUR
Change Today +0.019 / 0.19%
Volume 0.0
LDE On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GS
As of 2:08 AM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).

landec corp (LDE) Snapshot

Open
€9.84
Previous Close
€9.83
Day High
€9.85
Day Low
€9.84
52 Week High
08/26/14 - €10.07
52 Week Low
02/24/14 - €7.23
Market Cap
264.3M
Average Volume 10 Days
3.0
EPS TTM
--
Shares Outstanding
26.8M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for LANDEC CORP (LDE)

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landec corp (LDE) Details

Landec Corporation, together with its subsidiaries, designs, develops, manufactures, and markets differentiated products in food and biomedical materials markets. It operates through three segments: Food Products Technology, Food Export, and HA-Based Biomaterials. The Food Products Technology segment markets and packs specialty packaged whole and fresh-cut fruits, and vegetables utilizing the BreatheWay specialty packaging technology for the retail grocery, club store, and food services industry under the EatSmart and GreenLine brand names, as well as sells BreatheWay packaging to partners for non-vegetable products. The Food Export segment purchases and sells whole commodity fruit and vegetable products primarily to Asian markets and in the United States. The Hyaluronan-based Biomaterials segment sells products utilizing hyaluronan, a naturally occurring polysaccharide that is distributed in the extracellar matrix of connective tissues in animals and humans for medical use primarily in the ophthalmic, orthopedic, and veterinary markets, as well as supplies HA to customers pursuing other medical applications, including aesthetic surgery, medical device coatings, tissue engineering, and pharmaceuticals. This segment also operates as a contract development and manufacturing organization, which specializes in aseptic filling services. The company also licenses Intellicoat seed coatings to the farming industry; and Intelimer polymers for personal care products and other industrial products. Landec Corporation sells its products in the United States, Canada, Taiwan, Belgium, Japan, Indonesia, China, and other countries. The company was founded in 1986 and is headquartered in Menlo Park, California.

531 Employees
Last Reported Date: 08/1/14
Founded in 1986

landec corp (LDE) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $450.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $310.0K
Chief Operating Officer
Total Annual Compensation: $285.0K
Vice President, Chief Executive Officer of Ap...
Total Annual Compensation: $300.0K
Compensation as of Fiscal Year 2013.

landec corp (LDE) Key Developments

Landec Corp. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended May 25, 2014; Provides Earnings Guidance for the Fiscal Year 2015 and 2016

Landec Corp. reported unaudited consolidated earnings results for the fourth quarter and full year ended May 25, 2014. For the quarter, the company's total revenues were $120,929,000 compared to $107,113,000 a year ago. The improvement was primarily due to an $11.3 million, or 13%, increase in revenues in Apio's value-added businesses (which includes Apio's fresh-cut specialty packaged vegetable business, Apio Cooling and Apio Packaging) and a $3.0 million, or 26%, increase in revenues in Apio's export business. Lifecore revenues were essentially flat at $8.2 million compared to the fourth quarter of last year. Operating income was $5,306,000 compared to $4,113,000 a year ago. Net income before taxes was $7,170,000 compared to $5,799,000 a year ago. Net income was $4,615,000 compared to $4,585,000 a year ago. Net income available to common stockholders was $4,542,000 compared to $4,519,000 a year ago. Diluted net income per share was $0.17 compared to $0.17 a year ago. For the year, the company's total revenues were $476,813,000 compared to $441,708,000 a year ago. The improvement was primarily due to a $40.3 million, or 13%, increase in revenues from Apio's value-added businesses and a $4.4 million, or 11%, increase in revenues at Lifecore resulting from increased sales to existing customers and from increased product development revenue. Operating income was $20,190,000 compared to $24,868,000 a year ago. Net income before taxes was $29,925,000 compared to $32,264,000 a year ago. Net income was $19,342,000 compared to $22,812,000 a year ago. Net income available to common stockholders was $19,145,000 compared to $22,587,000 a year ago. Diluted net income per share was $0.71 compared to $0.85 a year ago In addition, during fiscal 2014 the Company generated $21.0 million in cash flow from operations and invested $14.9 million in capital primarily for capacity expansion to meet the ever increasing demand for its products, particularly those products introduced by Apio and Lifecore in the last two years. Looking to fiscal 2015, the company expects consolidated revenues to increase 7% to 8% compared to fiscal 2014 and surpass $0.5 billion in revenues for the first time in Landec's history. The company expects net income to be flat as make significant investments in marketing and sales, labor, produce sourcing and capital for future growth. The company believe consolidated revenues could grow by as much as 10% in fiscal 2016 compared to fiscal 2015 with early estimates of net income increasing by up to 40% to approximately $1.00 per share.

Landec Corp. to Report Q4, 2014 Results on Jul 29, 2014

Landec Corp. announced that they will report Q4, 2014 results at 5:00 PM, Eastern Standard Time on Jul 29, 2014

Landec Corp., Q4 2014 Earnings Call, Jul 30, 2014

Landec Corp., Q4 2014 Earnings Call, Jul 30, 2014

 

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