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30.09.2015 08:32:22

Earnings Reported After The Bell Sept. 29

(RTTNews) - Here is a quick summary of the earnings reported after the bell on September 29.

Landec Corp. (LNDC)

Q1 net earnings were $3 million or $0.11 per share compared with $2.4 million or $0.09 per share last year.

Revenues for the quarter were $135.4 million compared with $133.6 million in the prior year.

Analysts estimated earnings of $0.13 per share on revenues of $141.5 million for the quarter.

For the full year 2016 , the company still expects revenues to increase 7-9% compared to the prior year. Analysts expect revenues to grow 8.5%.

***

Diamond Foods, Inc. (DMND)

Net income for the fourth quarter was $7.9 million or $0.25 per share, compared to a net loss of $1.9 million or $0.06 per share for the year-ago quarter.

Adjusted net income for the fourth quarter was $7.2 million or $0.23 per share, compared to $6.2 million or $0.19 per share for the year-ago quarter.

Net sales for the quarter fell 7.9% to $201.81 million from $219.07 million a year ago.

Analysts expected the company to earn $0.21 per share on revenue of $210.09 million for the fourth quarter.

Looking forward, the company forecasts fiscal 2016 adjusted earnings of $1.21 to $1.32 per share. Analysts currently expect the company to earn $1.27 per share for the fiscal year 2016.

***

Barracuda Networks, Inc. (CUDA)

Q2 Net loss was $2.2 million or $0.04 per share, compared to net income of $0.7 million or $0.01 per share for the year-ago quarter.

Adjusted net income for the second quarter was $5.6 million or $0.10 per share, compared to $4.6 million or $0.08 per share in the prior year quarter.

Total revenue for the second quarter rose 14% to $78.37 million from $68.65 million a year earlier.

Analysts expected the company to earn $0.09 per share on revenue of $78.69 million for the second quarter.

***

Energy XXI (EXXI)

Q4 Net loss attributable to common shareholders was ($1.7) billion, or ($17.92) per share, compared with net loss of ($18.3) million, or ($0.24) per share a year ago.

***

Costco Wholesale Corp. (COST)

Q4 net income attributable to the company rose to $767 million or $1.73 per share, from $697 million or $1.58 per share, last year. Analysts expected the company to report earnings of $1.66 per share for the quarter.

Total revenue for the quarter increased to $35.78 billion from $35.52 billion in the previous year. Analysts expected revenues of $36.22 billion for the quarter.

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