Landec Corporation Reports Second Quarter and First Half Fiscal 2015 Results

Net income decreased 7% to $0.12 per share compared to the second quarter of last year. The increase in operating income was more than offset by the smaller...

January 6, 2015

1 minute read

Net income decreased 7% to $0.12 per share compared to the second quarter of last year. The increase in operating income was more than offset by the smaller increase in the fair market value of the Company’s investment in Windset Farms of $1.2 million recognized in the second quarter of fiscal 2015 compared to a $2.3 million change in the fair market value recognized in the second quarter of last year.

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